Trading Ichimoku

By now, most sites was already highlighting about Huawei as a potential buyer for Palm Inc. Many sites have also discussed the various advantage if Company XYZ acquires Palm. That push me to think a little bit more about Huawei. So far, most sites have talked about Huawei’s attempt to go into the mobile business [...]

Palm provide one of the best case study for Ichimoku as a trend trading tool. If you have gotten the stock back in end 2008 or early 2009, you will have ride it to the top at around $17 from somewhere between $3 or $6. Here’s one for the bearish trade. Do note that it [...]

Palm has a nice little rally last Friday; from 11.02 to around 12.50 The end of day chart shows a bullish Tenkan sen – Kijun sen cross just below the kumo. This suggest that there may be resistance ahead (possibly at $12.60). At the same time, this rally brings back memories of PALM at 1 [...]