Saturday, April 7, 2007

Trade Candidates for 4/9/2007


StockRake said...

Let me know if you agree/disagree with the inverse h & s pattern on SMDI.

I've posted a chart in my post

John Gilner said...

It seems to me that there is a H&S pattern on the daily chart and it broke the neckline at about 8.40. It's since pulled back to that level and found support at the 200dma. I like the stock but it's going to have to clear 8.95 to 9.00 on strength now to convince me it's for real (as of 4/10 mid-day).

StockRake said...

I just got your notice on SMDI. Sorry for the delay.

Did you see the move in SMDI on 4-16-07?! It cleared those levels on strength and good volume. Looks like a little flag developing now.