An impressive turnaround today, especially so given Dell's revenue warning. The Nasdaq (first chart below) regained broken support and then some, and could be poised for another run at 2100-2106 resistance if it can take out its downtrend line at 2080. Support is 2060-2065, and 2040 is now critical support. The S&P (second chart) had a nice little breakout today. The next resistance levels are 1210 and 1218, and support is 1200 and 1192-1196. The Dow (third chart) has a nice uptrend going. Support is 10,750 and 10,720, and resistance is 10,868.
Technical Analysis:: Feb 22, 2007 Technical analysis is often contrasted with fundamental analysis. from the inside out, technicians mostly remain on the outside, http://www.fool.com/investing/value/2007/02/22/considering-technical-analysis.aspxHOME |
Technical Analysis Morning Trader: stock picks, scans and ideas :: Western technical analysis rarely offers such dependable single bar signals. Two characteristics generate their predictive power:. 1. High to low range http://www.hardrightedge.com/tour/finger.htmHOME |
Chips Surge, Dell Stumbles
Tech Backed Kerry in 2004
|