Monday, September 22, 2014

1290 - seems like many choices

Seems like many opportunities today with Daily charts.
But maybe one or two seems relevant to me.


 A nice pin.
But the support is quite recent, as in support does not show up on the left of the chart.
And the pin is a little over the support zone.


 Think this is my favorite.
Many times, the price bounced away from the support.
Nice obvious pin, strong rejection of the price going down more.
However, currently it is dipping. But good thing is that the stop loss is cheaper.



 Nice long pin.
However, like the first chart, the resistance zone is quite recent.
And the is only one peak, instead of the previous chart, which bounced off the zone 3 times, or 4.



This one should be my least favorite.
Although there is a pin, it is still a bit higher than the support zone.
The price is only tested when it enters into the zone.
It is a bit outside the zone, not reaching it yet.


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