iBankCoin

Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

A Look Back Down the Well

chessNwine Tue Jul 30, 2013 2:26pm EST 2 Comments

jame-gumb-silence-lambs-large-msg-128812895391

To update my post explaining the “shooting star,” in the Japanese candlestick theory of technical analysis. you can see that our real-time, actionable example of Wellpoint continues to confirm lower.

Currently, the stock is churning on its 20-day moving average, or middle Bollinger Band. If that is lost, I would be looking for a move down to the lower Bollinger Band, coinciding with the 50-day moving average.

Please click here to read my original post, fully explaining the candle and Wellpoint.

______________________________________________

WLP

Email this to someonePrint this page
If you enjoy the content at iBankCoin, please follow us on Twitter

2 comments

  1. Jworthy
    Jworthy
    July 30, 2013 at 3:05 pm

    Thanks for the update! And the focus on actionable ideas!

    • 0
    • 0
    • 0 Deem this to be "Fake News"

© Copyright 2007-2024 iBankCoin All rights reserved under penalty of bodily harm. DISCLAIMER: This is a personal web site, reflecting the opinions of its author(s). It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities. DATA INFORMATION IS PROVIDED TO THE USERS "AS IS." NEITHER iBankCoin, NOR ITS AFFILIATES, NOR ANY THIRD PARTY DATA PROVIDER MAKE ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND REGARDING THE DATA INFORMATION, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. Privacy Policy