Waiting and watching
notes on chart
Double Bottom confirmed notes on chart
XHB has been trading inside a channel since last September. Long term uptrend line from the latter part of 2011 remains support. However, under both 20 and 50 SMA, and price is hovering around trendline.
Getting back in stride. Breaking above SMA50 & heading towards blue sky.
30.00 roll next week, if the Doji breaks Bullish. Interesting recent price action.
30.00 Roll next week, if Doji breaks Bullish. Interesting recent price action.
Double Top, Trend line, and gap below to fill
Recent "B.O.B." was put in & offered nice entry or add. They have worked well with this market.
Caution advised here. Note divergence. Toppy here.
Cover above 29.50 close profit around 25.
Divergence
All indicators at top range, strong RS vs SPY
Longer the Base, the bigger the Break. Consolidating within Channel, after nice push upward.
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