Wednesday, August 03, 2005 7:53:39 AM
Wawh--re: MXIM and SBAC...
MXIM 6month/daily:
WOW! A HUGE gap up yesterday at the open...It broke out into clear blue skies ahead on this chart...And look at that Volume! Did this have something to do with Q2 earnings? I won't even venture a guess as to what it does next, though gaps like that usually have a way of filling, at least half way, if not all the way...
MXIM 10day/hourly:
It's good it set a new intraday high late in the session, or we'd be looking at a possible double-top...I wouldn't be surprised if it pulled back to around 44.00 soon, maybe even 43.50...
SBAC 6months/daily:
Another WOW! It doubled since early May! Why didn't I hear about this one sooner?...At the end there, it went straight up, so it had to go straight down...Without doing any DD on it, I'd say they ran it up in anticipation of earnings, and someone (Wall Street Anal-ysts) weren't happy with the numbers, or a case of "buy the rumor-sell the news"... Yesterdays candlestick looks like a bottoming candle, but only time will tell...Look at the Volume...Overall, a very nice chart as long as it doesn't go below the low 14.25 level...
SBAC 10day/hourly:
It went down real fast, so it went up real fast, with a 60% dead cat bounce off the bottom=Impressive!...The 5SMA looks like it wants to cross up over the 10SMA...The RSI is breaking out up, and so are the stochastics...The DMI+ just crosssed up through the DMI-...And there could be a Perfect MACD crossover about to happen...It got the biggest volume in ten days yesterday...Overall, too scary for my tastes in the short term...It has to hold above 14.50 on this chart to look good...Longer term-it should probably be OK...
Good Luck To ALL ;^)
MXIM 6month/daily:
WOW! A HUGE gap up yesterday at the open...It broke out into clear blue skies ahead on this chart...And look at that Volume! Did this have something to do with Q2 earnings? I won't even venture a guess as to what it does next, though gaps like that usually have a way of filling, at least half way, if not all the way...
MXIM 10day/hourly:
It's good it set a new intraday high late in the session, or we'd be looking at a possible double-top...I wouldn't be surprised if it pulled back to around 44.00 soon, maybe even 43.50...
SBAC 6months/daily:
Another WOW! It doubled since early May! Why didn't I hear about this one sooner?...At the end there, it went straight up, so it had to go straight down...Without doing any DD on it, I'd say they ran it up in anticipation of earnings, and someone (Wall Street Anal-ysts) weren't happy with the numbers, or a case of "buy the rumor-sell the news"... Yesterdays candlestick looks like a bottoming candle, but only time will tell...Look at the Volume...Overall, a very nice chart as long as it doesn't go below the low 14.25 level...
SBAC 10day/hourly:
It went down real fast, so it went up real fast, with a 60% dead cat bounce off the bottom=Impressive!...The 5SMA looks like it wants to cross up over the 10SMA...The RSI is breaking out up, and so are the stochastics...The DMI+ just crosssed up through the DMI-...And there could be a Perfect MACD crossover about to happen...It got the biggest volume in ten days yesterday...Overall, too scary for my tastes in the short term...It has to hold above 14.50 on this chart to look good...Longer term-it should probably be OK...
Good Luck To ALL ;^)
PowerPole >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
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