Falling Wedge - My Stocks Investing

Raffles Education: Continue on Down Trend

Post author:Marubozu
Post published:August 13, 2011

RafflesEdu is trading in a Falling Wedge and currently testing $0.455 support. If this support is broken, RafflesEdu can go even lower! Currently Raffles Education has not bottomed up yet.

E Trade Financial Corp (ETFC): Breakout from Falling Wedge

Post author:Marubozu
Post published:July 26, 2011

For my team members.

Buy on Rumours, Sell on News … ETFC is for momentum trading.

ETFC breakout from Falling Wedge with exit price target at about $16.78 (78.6% Fibonacci Resistance).

Citadel, the largest investor is pushing for a sales. One analyst estimate the Fair value of ETFC is in the range of $18 to $21.

http://www.bloomberg.com/news/2011-07-25/e-trade-shareholders-may-recoup-20-of-losses.html

NOL: Still Not Bottoming Out Yet

Post author:Marubozu
Post published:June 21, 2011

NOL has been falling sharply after breaking down from the falling wedge. There is no sight that NOL is reaching the bottom. Next support to watch is $1.356 which is at the 23.6% Fibonacci Support.