7-12-07 : BIDU facing its $400 wall again

Its going toward $400 for the fourth time. Will it break this time?
15min MACD just cross 0 up.

but daily price fell out of up channel.

daily
====


15min
===

7-12-07 : BSC has bullish engulf below 100

Its 98, below 100, and its bullish engulf. Will it break 100?
we wait and see.

daily
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15min
====

7-12-07 : AAPL reached 190 barrier

Its the defining moment again for AAPL. Can it break 190 this time, and not retrace?

Lets hold our breath and wait in anticipation.

daily
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15min
====

7-12-07 : MA in up channel

MA is still in up channel. Only the lower part of the up channel.
15min confirms that. Wait for a bit of retracement to the btm of up channel for
a call.

daily
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15min
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7-12-07 : GS Call options - which to choose

Lets look at GS Jan08 Call options :

strike option price O/I
====== ==== ==== ===
220.00 GPYAD.X 16.00 17,608
230.00 GPYAF.X 11.00 16,504
240.00 GPYAH.X 6.90 20,275
250.00 GPYAA.X 4.30 15,514

If GS is going up, which will you choose ?

I will choose $230.

RIMM : $100 support will hold?

I believe it will hold. Key is 15min MACD is crossing 0 up. daily down channel is broken.

However, MAX50 cross down, and price is below them forming hot wet blanket. Thus I am not so sure if it will be up so soon.

THus I wait.

daily
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15min
====

7-12-07 : GOOG will go back to up channel

GOOG is still going higher despite break up channel. Thus we wait for it to go back to up channel before confirms its cont uptrend.

daily
====



15min
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7-12-07 (Fri) : GS triangle formation & significance

GS forms triangle, in the midst of down channel, in the midst of uncertainty.

Will triangle breakout determine the direction of the price for the next 1 mth?

How significant is this triangle?

If it breaks down, it also breaks the yearly uptrend line.

If it breaks up, it also breaks the down channel. Thus the break of triangle
and its direction will have significant effect on the direction of the price for
the next few mths.

Is there any tell tale signs of where it will break?

(1) MA20X50 down for now. Its not too bullish.
(2) OBV is trending up. A bit positive
(3) ADX heads below 20, confirming a lack of trend now for GS.
(4) Bollinger shows Gs is the at the mid of the band, again saying direction is not
sure.

15min chart offers more clues. The MACD just cross 0 up. Thus i am bullish that the price will soon break 224, and later 230. after breaking 230 it will be confirmed the direction is upwards, and will soon reach 250.

Perhaps all awaits the answer that lies in the triangle breakout.

I will wait for the breakout.

daily
=====


15min
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