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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
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Chile con Bottom Recipe

chessNwine Tue Jul 22, 2014 3:35pm EST 1 Comment

chilean-girl_world-cup-2010_11-440x415

In addition to Brazilian utility play CPL, another South American long-term investment idea I have referenced is SQM.

On the updated weekly chart, note the potential major bottoming formation still playing out. A close over $33 is needed. But the pattern is giving bulls the recipe for a bottom into the fall.

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SQM

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One comment

  1. UncleBuccs
    UncleBuccs
    July 22, 2014 at 3:57 pm

    Long a little Kenny Burrell into the close: http://youtu.be/nmbiIJkO34I

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