AMZN, and APD just look like double top to me, I don't see that much more. Betting against Amazon is kind of scary....the last 4 months have had bullishness, so maybe people are buying things on Amazon. I know this is weak analysis, what I am saying is that I just don't want to play this one.
NEU is interesting, as it could be bearish or bullish. There is a big IHS, at Fib support or resistance...could be a big long or short. I may set orders in both directions and see what hits.
Thanks Steveo - lots of good set ups to keep an eye on.
ReplyDeleteThanks SSC, I respect your opinion. Right now after looking at several Boatloads, or perhaps a flotilla of charts...I am thinking a little pop on Monday, then a drop, and then 10 to 15% increase in market levels. Based on charts, not at all on fundamentals. But good to keep a number of tickers and charts familiar, because the moves will happen fast when they count.
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