MA
MarcinO
Rep: 67
Posts: 5,506
Low at 1.2567 right on economic data release.
The news arrives when it is needed.
The news arrives when it is needed.
Originally posted by MarcinO
Cable 'saw' the area and is starting to roll over. My best scenario support is about 1.2570.
I will post the chart later along with alternative levels.
MA
MarcinO
Rep: 67
Posts: 5,506
1.2605, 25 and 45 are resistance zones. I wouldn't be surprised if they pushed Cable lower today.
AL
albert
Rep: 99
Posts: 3,094
Made a bit paper trading BIIB this morning. Yesterday, BIIB showed a roofer's "Beauty and Simplicity" setup at Point D of a Kane TD ABCD BUY pattern, and gapped up today. Yesterday I posted charts on CREE that showed a Kane DT ABCD pattern inside of a "Beauty and Simplicity" pattern. Both BIIB and CREE had good earnings reports.
http://finance.yahoo.com/news/biogen-biib-beats-q4-earnings-130001593.html
Kase ABCD at fibo "between 0.500 and 0.618."
I like the combination of Kane patterns, roofer's patterns, and earnings reports. : )
Al
http://finance.yahoo.com/news/biogen-biib-beats-q4-earnings-130001593.html
Kase ABCD at fibo "between 0.500 and 0.618."
I like the combination of Kane patterns, roofer's patterns, and earnings reports. : )
Al






