17 October 2007

17-10-07 : Various entry points for various counters

Most counters seem to have broken their short term trendline, and going to break their short term support level. These are the support levels and their implications :

Time for put now
-------------------
GOOG : Below 620 (already broken). Now will fall to 610, or 600.
MA : Below 160 (already broken). Now will fall to 150.
GS : Will fall to 220

Time for call now
------------------
GRMN : WIll go to 120

Put after break support
--------------------------
BIDU : Below 300, will fall to 280.
BSC : Below 120, will fall to 110, or 100.
RIMM : Below 108, will fall to 100 to close the gap.

Call after break resistance
---------------------------
AAPL : above 170 (call)

No comments: