Wednesday, May 16, 2007

HIH finally hitting resistance..

The past couple of months for HIH have shown strength on the MACD scale. Bullish out of the trendlines i predicted in March, HIH now closed at 19.13 today. Seems as though this stock has hit a resistance point at about 19.30 and support level short of 19.03. As it nears the 50 day MA, I expect continued bullish trends on high volume. Good luck!

Friday, March 16, 2007

Welcome to another down day of the DJIA closing just under 50 pts at 12,110.41 pts.
I found in the last week or so a nice stock that looks to me as if there's a breakout of the trend lines. Therefore showing a bullish signal on high volume. I'd say give it a few more days to escape the trend lines. Currently, HIH has a resistance at 17.26 per share. I foresee that changing and becoming the next support level which is currently at 16.80. Time will tell, but for now, i'm saying bullish on this one.

Thursday, March 08, 2007

Wednesday, March 07, 2007

As you can see, the trendlines i've drawn show a clear path of what ESLR has to come. Until we see a bullish or bearish breakout, we will continue to follow the trends of this stock.