Some technical observations;
- In the past 10 months, Biotech stock Admedus has been in a steady down-trend.
- Those who did not sell have been rewarded with a new issue of shares at 7 cents. 220 more words
A Left/Right Combo — a Doji followed by a Bullish Engulfing — today for Vale SA (VALE). Also, Stochastics are oversold and just crossing up. Candlestick chart pattern traders like to combine Candlestick signals with technical indicators such as a Bullish Engulfing in the oversold area. 235 more words
The fireworks kicked in around 1:30 today as SPY made yet another new high, which was met by a hefty round of profit taking. From a volume perspective not so hefty though (up volume was greater than down), indicating that those who bailed were more of the small time weak hands rather than the big boys. 82 more words