BIOS Daily Chart ~ Channeling Continues Ha-ha, c
Post# of 2559
Posted On: 01/19/2014 11:34:17 AM
BIOS Daily Chart ~ Channeling Continues
Ha-ha, contrary to the promises of "If you like your plan you can keep your plan, period" or "If you like your doctor, you can keep your doctor, period", with BIOS, a health care provider, one could have kept their profits had they followed the charts and the sell signals given back in late June/early July. As always, one never knows how far a stock will fall when the indicators go negative. The multi month drop in BIOS also saw a few positive crossovers, although I didn't notate all of them, which were quickly followed by more negative crossovers. Since mid November, there have been no other negative crossovers, and it's being reflected with higher share prices as the stock in moving up along its rising support line and getting ready to break over the horizontal resistance. What did not occur with BBY in closing a gap and but failing to close above that point, BIOS closed the gap of November, pulled back, held the support line, and moved to new highs. Should the stock break above the 7.80 level the next resistance is the MA100 at 8.05 and the next horz resistance line at 8.50. Stay on top of your investment with charts, and if you like your gains, you can keep your gains. GLTA
Ha-ha, contrary to the promises of "If you like your plan you can keep your plan, period" or "If you like your doctor, you can keep your doctor, period", with BIOS, a health care provider, one could have kept their profits had they followed the charts and the sell signals given back in late June/early July. As always, one never knows how far a stock will fall when the indicators go negative. The multi month drop in BIOS also saw a few positive crossovers, although I didn't notate all of them, which were quickly followed by more negative crossovers. Since mid November, there have been no other negative crossovers, and it's being reflected with higher share prices as the stock in moving up along its rising support line and getting ready to break over the horizontal resistance. What did not occur with BBY in closing a gap and but failing to close above that point, BIOS closed the gap of November, pulled back, held the support line, and moved to new highs. Should the stock break above the 7.80 level the next resistance is the MA100 at 8.05 and the next horz resistance line at 8.50. Stay on top of your investment with charts, and if you like your gains, you can keep your gains. GLTA
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