MEMC Electonic Mtrl Analysis
By Steve Abraham on Apr 26, 2007
WFR is the stock Im talking about. I dont know much about this company but it looks like it may go higher. Very bullish OBV and looks like an ascending triangle formation.
Here is the chart:
This entry was posted on Thursday, April 26th, 2007 at 12:10 pm and is filed under Annotated Analysis.
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3 Responses to “MEMC Electonic Mtrl Analysis”
By threadogg on April 30th, 2007 at 9:43 am
This stock tanked big time after your analysis. Let this be a lesson to everyone viewing here, thinking ascending triangles and bullish looking OBV give you an edge can lead you to financial ruin. You have absolutely no edge using these techniques.
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Ouch - enough said