daytrade diaries... wednesday, page-7

  1. 1,845 Posts.
    Highlandlad,

    Good morning all!

    Interesting that you should mention CSL - we've been watching it for a while now waiting for it to bottom out - it is a stock which has responded well in the past to candlestick signals - In the last three days it has developed a tweezer bottom (20th & 23rd - twin lower shadows at equal), or close to equal points, a bullish harami and then yesterday it bounced off an earlier piercing line low (on 8 Jan) of $30.

    It may go lower but all the signs suggest it won't.

    Another couple that look like they may have finally found a bottom are TLS and QBE - although neither are really day trades.

    WE hold TLS and QBE but not CSL - yet.
 
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