Category Financials

Entries 20 Total

Goldman Sachs (GS) : Watch the Kumo Resistance

Jun 5, ’10 2:43 AM

With the broader market having a selloff on Hungary’s economic woes and the poor job data from the US, GS manage to have a little rally that sees it rise to 145.80.

The little rally is fuel in part by speculation that it is going to settle with SEC.

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WellPoint Inc. (WLP) : Hit kumo resistance

Apr 20, ’10 9:54 PM

WLP hit kumo resistance and reverse.

Took my profit off my vertical put.

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Allied Irish Banks (NYSE:AIB) : Possible Tenkan sen and Kijun sen Bullish Cross

Apr 15, ’10 6:40 PM

With Allied Irish Banks breaking out of kumo on April 8, another bullish signal is going to help confirm that it is poise to head further up.

On the Ichimoku Daily chart, we can see that the Tenkan sen and Kijun sen is about to make a bullish cross.

Immediate resistance is now at 4.57

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