Buy Micron at dip

A good report stated about Micron and it’s forecast for next year growth.

 

http://www.marketwatch.com/story/micron-shares-fall-despite-street-optimism-2013-10-11

 

 

 

 

Market update July 2013

50 days SMA has been resistance for major market indexes, S&P500 is a good example here,  let's see how the market react after this Friday NFP and next week onwards.

Ezion all time high

Look at the earning report and trend, that prove fundamental good company is good to keep for long term.

AMZN trending down ?

AMZN report good earning but bad forecast, will this stock drag the Nasdaq ?
It has break the down support trend line, weakness started on this stock.

Ezion retrace done ?

Ezion seems strong support after rebounce from 61.8% Fibo level..

DOW hit XXOP high

with DOW hit XXOP(phi-bo-X 261.8%) while Transport Index in negative, the market divergence again in low volume , we shall see how it continue to break new high with divergence continue..

Divergence

After FDX announce earnings, the Transportation index drop hard yesterday and continue dropping as of this writing , it has went divergent with main DOW and S&P500 index, so how will the market react ?

Grouching Bear ?

Last Friday saw high volume selling , is it the expiration react or hinted Bear is coming ? 

Support breakdown

support break down for Yoma and We holding, sell..

trend chart

Interra Res and Supergroup shown the price has leg, the  breakout pattern also confirm that, looking at either price volume  or chart pattern, BULL remain.

OSIM

Price squeeze for OSIM, break UP or break DOWN ?  

Bullish pattern

Bullish pattern found on few counters, CIVMEC,DUKANG,WILMAR & PEC

Genting hit resistance

Genting has meet Fibo 50% since last year top. Patience will be awarded after retracement.

Cup and handle pattern form in Bumitama and Dukang

nice pattern which may break out soon.

DE break thru

Finally, DE break thru resistance, earning is coming, good fundamental to trade till it's Earning.