ENER Downtrend Gapup
By Johns Wu on Sep 14, 2006
ENER, Energy Conversion Devices, Inc., was a big mover in the markets today, gapping up over a historical resistance trendline.
The company, which makes solar panels and rechargeable batteries, sharply narrowed its fourth-quarter loss amid stronger solar sales.
Today’s trading stalled at a resistance, but I am looking for a potential breakout above this price as a bullish signal. Keep in mind that until ENER stock breaks out, it is still trapped in a sideways consolidatory trading range.
This entry was posted on Thursday, September 14th, 2006 at 12:08 am and is filed under Annotated Analysis.
You can skip to the end and leave a response. Pinging is currently not allowed.
Leave a Comment
Recent Blog Posts
- Putting it to the X
- Why it's NOT time to Short Apple and Visa
- Follow Up on WLT
- JPM
- Shorting V
- USO Stock Chart (Short Oil?? Call me crazy)
- Throwing out the Chart on AMZN
- Walters Industries
- Mastercard Again
- D R Horton
- EMC
- Broadcom
- Covance
- RIMM
- Cat Stock Chart
- Turning $5,000 into $400,000..UNREAL
- Resistance Broken!
- Best looking chart seen in a while (MELI Stock Chart)
- WSCI - WSI Industries Inc
- Resistance Holding up
- Dont fight the trend. (MOS Stock Chart)
- UTVG - Universal Travel Group
- Havent Done Your Taxes Yet??
- Mastercard
- Costco
- Bottom or no bottom, That is the question.
- Is the Apple Still Rotten?
- GE
- 5 Commonly Overlooked Ways the US Dollar is Affected
- CMP
Subscribe
   |
 |
