Tuesday, May 5, 2009

Intraday Chart Comments

Some comments on intra-day activity.


Notable: The flat-bottom action in CPE and DELL. The flat period signifies either complete inaction in equilibrium, or continuous selling met with a large limit buy order. Which one will win? It looks like in DELL, the buyers won, exhausting supply (though on light volume). In CPE, however, the results are yet to be seen. Hopefully it takes the DELL route.


NXG intraday 5-5-09.png


HERO intraday 5-5-09.png


CPE intraday 5-4-09.png


WNR intraday 5-5-09.png


DELL intraday 5-5-09.png


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