a few simple channels
RES
watch for continuation of the stochastic uptrend
LNG
stock may have (near enough) triple topped....break below the channel is likely? should be good support on the 50% fib if it drops....needs to break the stochastic downtrend to reverse direction
OSH
the big gun has a well established channel...look for buys in the lower half of the channel on its current weakness....wait on a stochastic fall
TXN
stochastic uptrend in place, look for continuation....purple channel is established....potentially a new yellow channel formed
AUT
broke the stochastic uptrend, stochastic downtrend now dominant....potential support on the channel with a triple bottom, otherwise a lower low will be confirmed after a lower high ie. downtrend
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- week beginning 21 feb
week beginning 21 feb, page-7
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