Friday, April 20, 2007 8:41:21 AM
Qs is trading near testing 45.55 Feb 22 high in premarket showing another breakaway gap.
SPX 1475 will be broke above at the open, so far it seems. Based on SPY action, it is making new high.
SMH is trading above breakout resistance at 36 in premarket. Intraday shows Overbought; therefore, we need to see a good consolidation. Again EBAY as a model, this breakout is suspicious and needs to handle accordingly taken EBAY as a model of breakout fake.
VG, sent you an email.
SPX 1475 will be broke above at the open, so far it seems. Based on SPY action, it is making new high.
SMH is trading above breakout resistance at 36 in premarket. Intraday shows Overbought; therefore, we need to see a good consolidation. Again EBAY as a model, this breakout is suspicious and needs to handle accordingly taken EBAY as a model of breakout fake.
VG, sent you an email.
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