Wednesday, April 11, 2007
Pullback trades
a) Star
gentle uptrend
13/21 week ema flat
13/21 daily ema rising
macd above 0 macd histogram pulling back
+ stock pulling back to rising trend channel
stoploss below panic lows 320
EMA(13)=342.466
TrendEMA(21)=339.844
EMAHT(13)=340.761
TrendEMAHT(21)=338.325
HT ema 13=340.761
HT ema 13 trend=1
SFstoplong332.5
SFstopshort376
System: (Tripple Screen EMA/FibChannel follower)
Stock Name: STAR
Support1:342.466
Support2:339.508
Resistance1:368.149
Resistance2:384.003
Buyarea=342.808
ATR(14)=15.8539
Target1:358.662
Target2:374.516
Target3:390.37
SL:317.125
sl=on closing basis 339
on intraday basis 317
targets 358/374/390
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