Replies to post #39562 on The TradingEdge

[jxyzobrien]

will check out notes
Rest of day at docs. will do charts this weekend. hip classes
monday morning. so good trading to all.

i expect rest of day to be boring. traders should head out for the weekend

[jxyzobrien]

GILD weekly burning thru supply
This is the 2nd time against the big weekly red supply candle (72.50). so selling climax, lower low on lower volume (selling exhaustion).

also trying to break thru the weekly 50da ma. until that level
is taken out we are still in accumulation.

but signs are positive. if however we give this week back
then this is a false sign of strength.

http://stockcharts.com/h-sc/ui?s=GILD&p=W&yr=3&mn=0&dy=0&id=p33060889773