Thursday, April 30, 2009

Human Genome Sciences

HGSI today gapped up is bullish! Look for 1st resistance at the white line(200 day moving average). Click on the chart for a bigger picture.

NDX hits resistance

NDX hit the 233 day moving average today. Look for a pullback to start anyday. Click on the chart for a bigger picture.

Revlon

Revlon(REV) is breaking out of a base and hit the weekly R2 pivot today @$5.00. This has more room to the upside.

DRYS

DRYS bounced off the weekly S1 pivot(blue circle) and now is looking for the weekly R1 pivot(blue arrow) @7.43. Market Markers and Professional Traders use pivot points!

Wednesday, April 29, 2009

Sunrise Senior Living

SRZ is breaking out of a long base, after a steep sell off. There is a resistance zone above. This is going a lot higher.