Monday, April 28, 2008

28/4 Analysis

AAPL
-widening Bollinger.
-generally still bullish. Trade in direction of trend.

AEM
-2 successive days of green candles and Friday's candle engulfed Thursday.
-S/60PUTS.

BIDU
-Watch !
-red candle at 10:36. LSMA red and Fish at high (not turning yet). Elliott oscillator also at high.
-S/380 calls.

CF
-shorterm downtrend. AT10:50, evening start candle.
-Fish, IFT, Elliott and MACD all turning
-B/135C or S/160P

FCX
-ZLR mode but Fish is trending down.
-see if it breaks LSMA today.

FDG
-Bollinger band narrowing but EMA still rising.
-trade only in direction of trend. Keltner band is providing support.

ISRG
-candle hit low keltner band
-may rise as a number of indicators are showing u-turning effect.
-consider S/270P

MON
-might go down as a number of indiators are showing downtrend.
-S/130C or B/120P

MOS
-like MON
-S/140C or B/120P

MTL
-ZLR ! But Fish is turining and rest of indicators are changing.
-S/160C

POT
-almost all indicators are turning down.
-Support at 190 followed by 34EMA at 180
-S/215C

SHLD
-See if candle hits Sell SAR.