More importantly, I also managed to capture the highlights of my Top Volume Scan last Wednesday where I circled the Top 5 China penny the boutique s. Time is an intangible element that once it’s gone, it’s forever gone and no one can capture it back. August. Thank you one more time. First off, I would like to thank all of you who took your time to come for this private LIVE Trading with me for this precious 1 hour @ 9:00am this morning. I only live life once and I don’t like to waste precious time. There is no best of both worlds but I learnt that life is best to conceptualized than live in to dogma. There was just too many demand flowing in. They were China counters but more importantly there was some form of hidden buying at the background and some Contra squeeze which caused me to pick these 2 counters. All these with the China counters running in the Top Volume, it only gave me conviction that those 2 stocks were going to run.
China Env and China Sky Chem were the suspects for the early morning observation point of reference. It took me a painstaking 6-7 years and my continuous everyday observation and trading to acquire new knowledge and experience to reach another level of simplicity in trading. Netflix, Inc. (NFLX) – Netflix, Inc. (NFLX) is trading near $185 Tuesday. American Intl Group, Inc. (AIG) – Shares of American Intl Group, Inc. (AIG) broke $28.65 resistance on Monday which is technically bullish. Support continues to be at $16 while resistance is located at $17.33 which is the 10 day moving average. The following is technical analysis on Financial Bull ( FAS ) for 7/6/09. Knowing the support and resistance levels for FAS will help you trade FAZ. Research in Motion will now have resistance located at $58. The stock has shown major resistance at $3.00 over the past 2 months. THC broke the December 2008 high of $1.62 and looks poised to test the 200 day moving average at about $3 in the coming weeks or months. There is still downside risk to the 50 day moving average which is now at $114.22. “Even if the Democrats win two seats, which would give them the Senate in a 50-50 tie, there are a couple of Democrats who are quite moderate – you’ve got Joe Manchin of West Virginia, you’ve got Jon Tester of Montana,” Greg Valliere, AGF chief U.S.