TraderMark's Journal: Rolls Royce : Trade to the Upside :

Thursday, September 9, 2010

Rolls Royce : Trade to the Upside :

Rolls Royce : Trade to the upside. Look at the moving averages dynamics on prices.
Currently prices is trapped in a moving averages-price air pocket. Waiting for it to
punch out of it.

Moving averages set to 9 on this RR monthly chart at Bigcharts.com

Moving averages set to 27 on Bigcharts.com

Moving averages set to 9 on Bigcharts.com

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Weekly Notes

Week of 28th November 2010.
1. SIA - Look to Short
2. Amazon - Look to short
3. AudUsd - Look to Short
4. Lynas[LYC] : Look to Short.
5. Caltex[CTX] : Look for entry lower [$12??]
6. Korea 200 : Look to short
7. Gold look to short : Maybe a retest of recent high at $1420.

* Similarity of AMZN and LYC. And LYC and NRT[2003/2004]

Totally different business sector. 1 a US based international online book retailer. The other a Western Australian based Rare Earth Miner.

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Thursday, September 9, 2010

Rolls Royce : Trade to the Upside :

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