Breakout WatchesUp
RIMM . . . .148.27 Target 164.00
TRA . . . . . .56.21 Target 63.31
ENER . . . . .80.00 Target 91.98
JRCC . . . . . 62.46 Target 80.93
High Volume AlertDownABK . . . . . . 1.70 Target .53
Option Watches
PCU call
RIMM call
earnings released in JuneQQQQ call/put
TRA call/put
GOOG call/put
AAPL call/put
ENER call
FWLT call
JRCC call
High Volume Alert
Possible Chart Patterns Forming
PCU: Broke out of downward trading channel temporarily but closed in channel. Needs to break and hold 110 to start upward trend.
*PCU 3 to 1 split record date June 30th.FWLT: close below 71.33 would reconfirm double top.
GOOG: Tested and closed at lower support of symmetrical triangle pattern.
TRA: Toppy? Needs to break back over $55.00 to resume upward trend.
HTE: Threw back and broke downward from symmetrical triangle. Downside target 22.38. I will start looking to add shares under 22.50. Great dividend stock, pays monthly.
Next record date June 23, 2008.
QQQQ: Closed below the 47.82 double top confirmation line for a second time. If it continues the downward trend (I'm still not convinced yet) think
QID.
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Always perform your own due diligence before making any investment.