Wednesday, June 20, 2012

Market getting more Bullish for Mid Term

Follow up on previous post, i posted last friday morning a list of stocks that i think it is turning up(break mid term down trend line), now we see there is more stocks being scanned out. This means there is gain in bullishness in the overall market. Simply means that these stocks are turning up and the upturn might last 2-3month. Below is the example of what i mean by Turning UP
 Example: Swiber, break downtrend line, going back into the uptrend channel

Example: Ezra break down trending line, mid term might be a trend change.