The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it as a way to alert me to an existing condition of price. The key concept to take away from this blog is that I try to anticipate what will happen on the higher time frame by using a faster time frame to trigger the trade setup. I do not trade a "system" I use two indicators to clue me in to price conditions. Please read the Disclaimer located in the sidebar of this site. I can be contacted via email at toddstrade@gmail.com
I am always open to questions, comments, or suggestions on how to improve this blog.


Monday, January 25, 2010

Approaching Support

A long running level of support in SUN is approaching, will we get another bounce?
Price has bounced from this level before, but the "pace" seems to be weakening.A breakdown below $25 could send price back to test $21

Also, keep a watch on FSLR as it approaches $104The $104 area may be a good place to buy for a bounce, with this buy divergence building at this point.

Also, AEM watch $52
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