The Student Loan Ranger

Technical analysis and trading blog

November, already.

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It has been a long time since I’ve done any analysis or watched the markets.  I can’t believe it’s already November.

Anyway I sat down for the first time in ages and spent a little time looking at some charts.  A few surprises in there, and some decent looking charts.  It feels like it’s going to take me a while to get my eye back in and to regain familiarity with trading.

Been looking at these anyway:

 

Bear Flag

Bear flag on GT

MON

Flag into heavy resistance on declining volume on MON

NEM

Predicted consolidation/low vol drop to $48 before breakout to new highs +$50 on NEM

 

 

AMZN is also approaching strong overhead resistance at $21 with strong buying pressure.

Trading is the only thing I have a genuine passion for.

Written by TheStudentLoanRanger

November 6, 2009 at 6:00 pm

Posted in Intra-day Action

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