Thanks VG, GE is consolidating with coiling formation with anticipating intraday bounce with positive D.
CAVEAT EMPTOR:
The problem with market right now is that market was selling into earning reports as we can again see on GE with gap-up based on the earning report on Apr 13. Since then, the good news is being faded. Just same as other markets EBAY and we will see on GOOG market action. Based on the two earning report price actions, i.e. GE and EBAY, GOOG will likely be faded the gap up. Just to keep this in mind -- a warning signal. Until proven otherwise, this is the case on many stocks. Trading during the earning season is especially difficult and dangerous.
btw, as noted, GOOG HOD was 491 resistance, but closed at the gap support.
I just posted DOW 30 stocks. Several stocks show "runaway" Gaps.
For post charts, I will send you another email. You do know that you have 15 mins after posting to review and to modify your posts. Having this feature is useful since we can make a mistake when we are in hurry or when our attention is diverted, especially during the trading hours since our attention is distributed to digest different information.
Thanks and have a nice weekend.
CAVEAT EMPTOR:
The problem with market right now is that market was selling into earning reports as we can again see on GE with gap-up based on the earning report on Apr 13. Since then, the good news is being faded. Just same as other markets EBAY and we will see on GOOG market action. Based on the two earning report price actions, i.e. GE and EBAY, GOOG will likely be faded the gap up. Just to keep this in mind -- a warning signal. Until proven otherwise, this is the case on many stocks. Trading during the earning season is especially difficult and dangerous.
btw, as noted, GOOG HOD was 491 resistance, but closed at the gap support.
I just posted DOW 30 stocks. Several stocks show "runaway" Gaps.
For post charts, I will send you another email. You do know that you have 15 mins after posting to review and to modify your posts. Having this feature is useful since we can make a mistake when we are in hurry or when our attention is diverted, especially during the trading hours since our attention is distributed to digest different information.
Thanks and have a nice weekend.
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