$BTC closed fairly high above the low of the most recent day, but $VIAC also did that, and then continued to trickle downwards. My bet is that $BTC continues to go lower for another week. We'll see though.
Nice looking chart, don't much like the company website very much though. Seems to be declining towards it's next ER. Maybe the market knows something. Just watch for now, would like to see it show some more strength.
Big acquisition announced last Friday. Stock could run some more, I don't think the market reacted well enough to the $870m acquisition, maybe because this is a less well known stock.
$COMM ready to break out. Technology>Comms Equipment showed sector strength on 04-08. Game play is to set a limit order above the closing price wick to buy into strength.
The BP stocks look strong. Look for some good buying volume confirmation and green days. Also look for it to trigger monthly/ weekly levels highs for a long.
Failed breakout at the top of the broadening formation. Looking at the most recent 'shooter' candle at the top, my bet is this stock tumbles down towards the middle/ bottom of the broadening formation (dashed line).
Could be a short down, or could wait for a stronger market day to pull it. Aluminum prices breaking out of 2011 range, this still might break out. Not sure if a catalyst would be needed, i.e. strong earnings?
