SSO Analysis Log

Discussion in 'Journals' started by Gil Young Jo, Jan 27, 2009.

  1. January 27, 2009

    The charts are fairly simple to analyze. Very strong indications of higher support levels, higher highs and higher lows. Classic example of what happens when the markets have been oversold and earnings are coming in a healthier clip than what Wall Street analysts had expected.

    The 5-minute charts closed the after-hours session on support:

    The 15-minute charts need to convincingly bounce off the $24 level before providing any real moves to the upside:

    Good Trading!