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elnidodelaguila (31.87)

March 2011

Recs

0

Dell Inc. (DELL) made a nice Hammer over it´s MM50 sessions..

March 30, 2011 – Comments (0) | RELATED TICKERS: DELL.DL

Good Afternoon Fools:  [more]

Recs

6

Cisco Systems (CSCO) made a bottom Harami candle pattern last week...

March 27, 2011 – Comments (2) | RELATED TICKERS: CSCO

Good Afternoon Fools:
It seems to me Cisco Systems (CSCO) made a bottom in weekly charts. RSI & Macd are in the low band, so heavy oversold. trading volume is up last week, and made a bottom figure (last two candles) Harami candle pattern, this figure usually is drawn at the end of a downtrend.
That implies a nice drain of short positions in last weekly candle...
It could be a nice pivot point.
Dividend is near and fundamentals are great, so it could be a nice entry point to go Long.
Have a nice week-end Longs.
www.elnidodelaguila.com   [more]

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