Crocs is making a comeback.
On the Ichimoku Daily Chart, it just had a Bullish Tenkan sen – Kijun sen cross; breaking through a key resistance.
The resistance at 7.19 comes from the kumo on the Weekly Chart.
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Tibco Software Inc (TIBX) : Cup and handle formation
Oct 14, ’09 5:04 PM
Just adding to my post on TIBX facing multi-year high resistance.
I am just wondering if this is a cup and handle forming. If it is, the chance of a breakout soon could be very high.
Tibco Software Inc (TIBX) : Facing multi high resistance
Oct 14, ’09 3:29 PM
TIBX has been breaking through its resistance for the past 2-3 days.
On the Ichimoku Weekly Chart, it is now sitting right below the resistance at 9.98. Further up, there is another multi year high resistance (resistance from as far back as 2007!) at around 10:45
If it turns and reverse, it may provide a good entry for TIBX.
