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Charts, Stock Picks, and Technical Analysis from an Online Stock Trading Veteran

September 25, 2007

Nasdaq QID GFIG ICE WFR and AEM - 092507

Filed under: Stock Picks — Online Stock Trading @ 8:32 pm

Charts wouldn’t upload, so just commentary tonight.

The Nasdaq decides to make traders wait one more day for a trend, trading tighter in the triangle. If this move does fall apart, watch for a fast slide down.

QID hits an all time low, breaking below the trend line support.

Yesterday’s suggested setups, ICE and WFR, shot higher after taking their downtrend lines out.

GFIG closed strong. Watch for followthrough.

AEM has pulled back to minor support. With the recent strength, I’m looking for a reversal.

MICC closed strong back above the 200dma.

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