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Chalanachithram.com DB » TF Industry related » Archive through August 13, 2012 » Stock Market Direction for next week - 08/12/2012 « Previous Next »

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Conquas
Side Hero
Username: Conquas

Post Number: 4602
Registered: 11-2011
Posted From: 99.82.251.78

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Posted on Sunday, August 12, 2012 - 10:29 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Casino:

$QQQ




overbought..... nenu ayithe wait chesthanu....

see the following comments:

PowerShares QQQ ETF (Nasdaq:$QQQ) was bolstered higher on Monday, but traded horizontally most of the week after that. Once again, the ETF is fairly close to the 52-week at $68.55, a level not seen since the start of April. Before that level is reached though there is resistance at $67.63 (May 1 high) and $67. A sustained push through $67 is likely to trigger a challenge of the next resistance level, and if that is exceeded look for the price to head towards that 52-week high mark. It may not be a smooth ride though. A drop below $66 indicates the price will decline into trendline support at $62.75. If trendline support is broken so is the short-term uptrend, and lower prices are likely to be seen over the longer term. While the short-term trend is up at this time, and could continue, it is important to note that since April the ETF is in an overall downtrend.
all opinions expressed here are mine..
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Casino
Comedian
Username: Casino

Post Number: 1416
Registered: 01-2012
Posted From: 24.184.222.253

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Posted on Sunday, August 12, 2012 - 10:22 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Conquas:


good idea to buy and average on Qs at this time?
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Conquas
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Username: Conquas

Post Number: 4601
Registered: 11-2011
Posted From: 99.82.251.78

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Posted on Sunday, August 12, 2012 - 09:38 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Acf:




Heard about that website from our db... Looks like they are playing this stock based on technicals....

Thanks brother... Let me add this in my radar :-)
all opinions expressed here are mine..
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Acf
Junior Artist
Username: Acf

Post Number: 481
Registered: 01-2008
Posted From: 12.144.48.226

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Posted on Sunday, August 12, 2012 - 09:35 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Conquas:

would like to know more




hmm no idea. i follow ibankcoin.com, there most of the guys trade this one. so tried my luck.
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Acf
Junior Artist
Username: Acf

Post Number: 480
Registered: 01-2008
Posted From: 12.144.48.226

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Posted on Sunday, August 12, 2012 - 09:32 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Conquas:

LULU support is @58... next resistance is at 61... meeru trader ayithe kanuka.... 61 daggara profit teesukovacchu...

according to technical analysis... still it can go up... look at the volume of the stock.... 3m avg. volume kanna takkuva vunte kanuka..... ee coming week end dhaka choodandi....




Thanks for the info Conquas. will try to exit around 61.


Conquas:

i think you entered after it went down big



ya meeru post vesaru appudu sell order GTC petta... around $46 ku execute iyindhi. will keep it and watch the stock for some time.

$MRVL earnings mundhe ammestha safe side ku.
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Conquas
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Username: Conquas

Post Number: 4600
Registered: 11-2011
Posted From: 99.82.251.78

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Posted on Sunday, August 12, 2012 - 09:30 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Acf:

$VHC




never heard about this before...

next resistance for this is 28.70 and support is 26.90....

according to charts.... it can go up...

tell me more about it?

would like to know more :-)
all opinions expressed here are mine..
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Conquas
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Username: Conquas

Post Number: 4599
Registered: 11-2011
Posted From: 99.82.251.78

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Posted on Sunday, August 12, 2012 - 09:26 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Acf:

$MRVL




according to my technical charts.. its way over bought.... but still RSI is around 63.... still room to go up....

April 16 ee stock earnings... intha varaku... last one year lo.... okka sari kooda street expected numbers ni miss cheyyaledhu....

street expecting 0.27 EPS... hopefully this time also.... ee stock beat chesthundhi anukuntunna....

but... ee stock padataniki chances vunnayi anipisthundhi.... I may be wrong too...
all opinions expressed here are mine..
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Conquas
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Username: Conquas

Post Number: 4598
Registered: 11-2011
Posted From: 99.82.251.78

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Posted on Sunday, August 12, 2012 - 09:17 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Acf:

$CSTR




naaku baga istamaina stock idhi.... baga dulipesaru recently.... i think you entered after it went down big :-)

next support for this stcok is 53.... technical Analysis batti.... its in oversold territory...

but still ee stock volume 3m avg. volume kanna takkuvaga vundhi.... don't know the reason.... may be inka paduthundhi emo.....

I didn't check put/call ratio and all.. that info. can give more info. about this stock direction...
all opinions expressed here are mine..
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Conquas
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Username: Conquas

Post Number: 4597
Registered: 11-2011
Posted From: 99.82.251.78

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Posted on Sunday, August 12, 2012 - 09:10 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Acf:

$LULU




LULU support is @58... next resistance is at 61... meeru trader ayithe kanuka.... 61 daggara profit teesukovacchu...

according to technical analysis... still it can go up... look at the volume of the stock.... 3m avg. volume kanna takkuva vunte kanuka..... ee coming week end dhaka choodandi....
all opinions expressed here are mine..
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Acf
Junior Artist
Username: Acf

Post Number: 479
Registered: 01-2008
Posted From: 12.144.48.226

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Posted on Sunday, August 12, 2012 - 09:04 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

whats your opinion on MRVL, VHC?
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Acf
Junior Artist
Username: Acf

Post Number: 478
Registered: 01-2008
Posted From: 12.144.48.226

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Posted on Sunday, August 12, 2012 - 08:58 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Conquas:



CSTR, LULU inka hold cheyocha?

avi rendu ikkada meeru vesina posts choose konna CSTR 4%, LULU 8% profit lo vunnai.

Thanks
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Conquas
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Username: Conquas

Post Number: 4596
Registered: 11-2011
Posted From: 99.82.251.78

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Posted on Sunday, August 12, 2012 - 08:45 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

GameStop ($GME) could fetch $25 or more in a buyout, Barron's reports....

ippudu ee stock around $18 vundhi....

The game is far from over for GameStop ($GME) shareholders, who just might be big winners in the end, Barron's contends. GameStop has a strong balance sheet and trades for just 5x earnings. Its debt-free, has about $2.50 of cash per share and pays a 3.6% dividend. Some contends that GameStop also could attract private-equity or other financial buyers, given its digestible stock-market value -- $2.2B vs Best Buy's (BBY) $7B -- and super-low valuation. Any bid probably would be at least $25 a share, Barron's reports. One thing GameStop could do to lift the stock is to significantly boost its dividend...
all opinions expressed here are mine..
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Conquas
Side Hero
Username: Conquas

Post Number: 4595
Registered: 11-2011
Posted From: 99.82.251.78

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Posted on Sunday, August 12, 2012 - 08:39 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

The S&P 500 SPDR ($SPY) ETF was relatively flat this week, trading much of the time just above $140. Within close proximity is the 52-week at $142.21 from April 2. A significant level like this can often act like a magnet, pulling the price towards it. While volume remains light, it is quite likely the $142 area could be tested and potentially exceeded. Based on current conditions, though, a large rally is unlikely to unfold from current levels. Further rallying is more likely to be short covering and short-term technical buying as opposed to longer term investors and funds wanting to own shares. Evidence of this is the declining volume and also bearish divergence on many indicators. The relative strength index (RSI) has failed to make new highs since the middle of June as the price of the ETF has risen. Yet, price is what matters, and currently it is moving higher. Short-term, a drop back below $139 warns of a correction to $135.50 -the short-term upward trendline. A drop below $135.50 warns that the short-term uptrend is over and the downtrend which began in April is continuing.
all opinions expressed here are mine..

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