Wednesday, December 17, 2008

CF breakout

5 comments:

Darwin said...

Stewie, do you mind telling me what the 60 min looks like on FCX (don't want to wear out my welcome)...I'm at work so can't check.

Stewie said...

fcx currently hitting the 50 day ma resistance. 60 min charts looks very constructive after breaking 25.5 triangle pattern and i still think it due to go higher. volume looks healthy on the up bars too.

Darwin said...

Thx Stewie! greatly appreciated....I took some callers on SNDK this morning....gap t0 fill 12-14, but no real volume yet. Following upside with XLF.

Cliffynator said...

Hey Stewie, after today's close do you still think Nazzy and SPX will break up?

Stewie said...

not sure yet. this market is VERY tricky, gotta play it one day at a time but some stocks are starting to show leadership.

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