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Definitely, nothing beats the Price and Volume, they are so obvious but so easily ignore (or on purpose), the thing is how many traders know how to read it, traders always chase the fancy indicators, some famous group (I don't need to mention them, you know them) even put price, volume, and...

This could be it: http://www.squidoo.com/stock_technical_analysis

Huge bounce on Chinese market last night, almost 9% gain, lol. The chinese new year is coming.....

The market and QQQQ bounced very fast from the trendline of $41.70.

reached $42s, but he market still have more room to go down, not hitting the trendline yet........

LDK dropped to $31, it is slaughtered on bad technicals.

CSIQ dropped so fast to $15 from $24 in a matter of 3 days.

ETFC - almost the same pattern like yesterday at 2:00 PM:

DOW 12600:

ETFC is almost at the same spot like yesterday around 2:00 PM technically wise, does it have enough strength to repeat what happened yesterday after 2:0 PM on a Friday? The market keeps falling into the last two trading hours.

ETFC bounced right off 3.10, $3.20 could be a tough resistence to pass. But if it passes 3.20 this time, could see a big short sqeeze coming.

ETFC - $3.10

ETRD has been trading at 0.05 to 0.10 narrow range for almost three hours, it will up or down to break this range.- 1 million volume tick chart:

A chart like ETFC is what I like, a nice candle formation yesterday (signal of trend reversal), shall see a nice sky blue candle (higher high and higher low), if it is starting to move, ETFC could see $4s. Intraday wise, a dip to $3-3.10 would be super:

DH, ATV has no signs of a reversal yet on weekly or daily. ATV weekly: ATV 15 minutes, look at the area of resistence in the box to go short again:

As for QQQQ, look at its monthly chart, certainly more ugly months to follow. It stopped dropping at 200 period MA on the monthly this week. A red month finish or red candle formation seems inevitable, then, we are looking for three more red candles, $42-43 area is not impossible (50 period...

Same to LDK, the weekly chart doesn't look good at all, looks like it is forming a lower low and lower high red candle for this week. When a red candle is formed, usually a few more red candles follow it ( a few more down weeks). But if you look at the daily chart, 200 day/50 day SMA has been...

Depends on the timeframe you trade. If you do swing trading or position trading, yes, this is just the start of the drop. The market and the stocks have more room to drop in the weeks/months ahead based on weekly charts . If you do quick trades say 1-2 days, we might have a relief bounce based...

Same to these Chinese solar stocks, big swings for the day. I mainly traded CSIQ/LDK/CSUN. This CSIQ went down from $24s to $21.06 ($21.16 is the lower Bollinger band on my chart), then bounced up almost $3 to finish near green.