Michelle B submits: In the film, The Object of Beauty, when the hearing-impaired hotel maid was asked why she stole the valuable, small Henry Moore sculpture from one of the hotel’s rooms, she replied that it spoke to her. The pattern VCLK set up this past Thursday spoke just as eloquently to [...]
Browsing new-fifty-two-week-highs™
VCLK, Not Just Another Pretty Face
Posted by Michelle B in November 15th, 2006
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Posted in: Michelle B's Posts, Stock Market Tags in: Bull-flags, lullipop, Measured-Moves, Narrow_Range_Bars, new-fifty-two-week-highs, pullback-lows, R-Multiples, Resistance and Risk-to-Reward_Ratio
New 52-Week High for the NASDAQ
Posted in: Stock Market Tags in: Bollinger_Band_Walk, Fibonacci, new-fifty-two-week-highs and On-Balance-Volume-(OBV)
Today the NASDAQ finally closed over 2,000 and took out its November highs. This is the first close above 2,000 since January of 2002. It’s hard to argue with the price action in the indices. About the only thing that I don’t like is the fact that this NASDAQ high is on [...]
NASDAQ Needs to Join the Party
Posted by Michael in December 11th, 2003
Stocks did a nice job of confirming all the hammers that were made yesterday. Now there are a lot of morning star-like (many are missing the gap btwn days 1 and 2, but they’re close enough for govt. work) patterns in individual stocks, especially on the NASDAQ. For its part, the NASDAQ index [...]
New Highs Again
Posted by Michael in December 1st, 2003
December started off with a bang today with the major indices closing at new 52-week highs. The NASDAQ is still below its intraday high of 1992 from November 7th, but the S&P 500 has made a clear breakout above it’s old (intraday and closing) highs. There was talk of a rotation into big [...]
