pitchforks

XOM looks the same. Got some at 65.79 but I overlooked the fact that we broke 7 month lows, so I think we might hit 68, then crash to 62, or at least make a double bottom back to recent lows. I was aiming for 72, but now I moved my stop to b/e. I Think its time to pick up my marbles, and play else where :)

also to add to this, is notice the fib on the chart, and how price was never able to even retrace to the 38.2?...that shows a lack of strength by bulls, and then on the way down to 66 support, there was no bullish candle, and now we broke the 7 month low like i said before. I wont be shocked if we get 62, but i'll be buying then for sure.
 

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HPQ on a 1hr view point. We got three major resistance points that we need to break. We can buy on break of these points or wait for a retracement into the fib support levels... do we buy high and sell higher, or buy low and sell high?...the challenge of trading :)
 

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AFL in a nice tight upward trend over the last 7 months, but i think thats coming to and end. Might short this one at the open tomorrow if we open lower. Got some strong resistance at 53.15. Also notice that the lower portion of the fork was never once tested...perhaps now its time? I say we come down to 45, and maybe 40 in 3 months. The fib extension targets were also hit from the very first up-swing from 3/9/09...time to cool off.
 

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Rimm is at an interesting point now, and I'm mostly bullish. I predict we hit 80.59, just hope i have a chance to get back in. We are at upper fork resistance on the red fork, but we did bounce off blue fork support level...hmm
 

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