longs could be accumulating here but when you hit a major support or res and the buyers coming in at supp are getting absorbed,dead cat ,then there are bigger players at work
Zimmer Hldgs ZMH 1.15 a 1.13 1.04
-.6%
After The Close Actual
Capital IQ Yr Ago
Yr/Yr Rev
Aaron's AAN
0.43 0.36
Acme Packet APKT
0.07 0.21
Acxiom ACXM
0.16 0.19
Amazon.com AMZN
-0.05 0.14
Amkor AMKR
0.16 0.13...
from an mp stand point we sell til we find buyers,and vice versa, then move to next target ,on a 1 year cash the 04-7 is support, so we bounce to the 19-27 cleave, if nip doesn't hold, the next target is the 1387 cleave
the uvol dvol crossed negative(15/12) but at the moment its not taking off, that wide nip at o2-98 is major s/r ,its a spot for bears to get flat and bulls to get long,or a safer bet would be sit and wait for less neutral, more directional info ,the psychological pain of a recent loss should...
not a bollinger user but we are holding that mid,there are a few mp numbers there a break of 05-7 gets to 99 ,its wider than the 05-07 so its a more important number,i see it as a stronger magnet , that trendline and 1387 match up around 11/5 on the calendar,next thurs is end of month
reduced again, touch of blue line need to break 05 circle from the orange ish line, reason for not touching is because there may be sell stops there, need to load up shorts before going thru it, haven't a clue, just making this stuff up,flat for now