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XYBR - big peanuts

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  • XYBR - big peanuts

    Would've been a good buy if it had broken through the upper trendline.
    Chart updated on March 13 04.


    Last edited by linus71; 03-13-2004, 03:14 AM.

  • #2
    Good setup on the Weekly chart..

    Check out the weekly chart. This is the type of setup I like. Closed this week at $1.82 with a recent high at $2.66 - a 31% potential move. Stos are below 20% and hooked up after a recent base. Avg Volume is well above 2 mill.

    Looks good to me.

    B
    Brad Matheny
    eSignal Solution Provider since 2000

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    • #3
      Linus...

      Thanks for your analysis.

      As I wrote last week, this is the type of "setup" I like to try to trade. Sometimes, they work out well, other times the market just stalls.

      You'll notice from my chart that I see support climbing from the July 2003 lows with resistance from the recent tops forming a potential "flag" formation. I see current support $1.57 (from the 10/03/03 bar).

      My ASL system has turned bullish. My TCBR system has not (yet) turned bullish.

      The Stos show signs of a potential jump in price action.

      Now, I may have to wait for a few weeks to see any real price action in this. But my analysis shows that IF it breaks the current resistance (@ 2.42) the next superior resistance is at $4.20 and $5.20).

      Here is my chart.
      Attached Files
      Brad Matheny
      eSignal Solution Provider since 2000

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      • #4
        Keep an on on SIRI... It also is setting up just like XYBR was.
        Attached Files
        Excellent book on JavaScript for beginners

        Comment


        • #5
          Fib...

          I'm already in that trade - Thanks...

          You seem to do alot of analysis and post it to other members. You must use other types of analysis (compared to me).

          I was wondering if we could start a thread discussing our differences. It might help people like Carlton.

          let me know what you think.

          Brad
          Brad Matheny
          eSignal Solution Provider since 2000

          Comment


          • #6
            Sure whever your ready. I was going to update my weekly picks and what happened and why. But, today is footbal day!!!!!!

            Fibbgann
            Last edited by FibbGann; 01-18-2004, 11:59 AM.
            Excellent book on JavaScript for beginners

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            • #7
              Here is a nice long term trade with a target of $18. WEBM
              It has been basing for 1 year and now has recently had come nice attention. Company has good fundamentals too
              Attached Files
              Excellent book on JavaScript for beginners

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