Posted: April 5th, 2010 at 7:30 am EST
GAIA recently broke up an important 6 months resistance. The breakout occurred last month with strong volume which suggests the stock still has much more room to grow… At this point GAIA is retesting the $8 area, which is now an important support. GAIA offers us a good risk reward right now: The short term [...]
Click here to read more!Posted: February 4th, 2010 at 12:01 pm EST
The support lines are being knocked down, slowly but surely. No index has been spared, suggesting there’s nowhere to hide…. this is a full-blown correction.
To really make this point (and to offer some perspective) I’ve plotted the Dow, the S&P 500, and the NASDAQ Composite on the chart below. I’ve also added two sets of [...]
Posted: January 15th, 2010 at 6:11 pm EST
What a week! The S&P 500 fell 1.08% on Friday to lead the market to a loss of about 0.8% from the prior week’s closing levels. While I’d live to say the worst is over, the realist in me has to be, well realistic. That’s not meant to sound alarmist – it just suggests it [...]
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