Magic Of 52

[Hook Shot]

Result....!!!

Blackstone is up over 10% this week ..........as I type ..... ....
Next week should be interesting cos the rationale has not changed....:cheesy:

 

[Hook Shot]

Blackstone now up around 30% off lows........ in less than a month too..

 

[Hook Shot]

Citigroup !!!

Citigroup test 52Lows which were hit during turmoil..........
It hit 4468 vs 4466 on 16 Aug....

http://www.bloomberg.com/apps/quote?ticker=C:US

Now 4479

Chart looks horrible but certainly one to watch over coming weeks :cheesy:

 

[Hook Shot]

Micron Technology - US Stock

Micron (MU makes marginal 2yrs lows just below $10.27......
It's rare for micron to spend too much time below $10 so lets see how things turn out

Near term we could have a triple bottom which if confirmed will enable micron to soar like an eagle....

If the bounce is weak then on a 4th attempt we could test and break $10

Time will tell...

 

[2468steve]

Citigroup test 52Lows which were hit during turmoil..........
It hit 4468 vs 4466 on 16 Aug....

http://www.bloomberg.com/apps/quote?ticker=C:US

Now 4479

Chart looks horrible but certainly one to watch over coming weeks :cheesy:

busted those lows....if it don't a close get back inside 44.66 it's on it's way to 39....in fact all the financials look sick...Goldman Sachs strongest of the bunch

 

[Hook Shot]

busted those lows....if it don't a close get back inside 44.66 it's on it's way to 39....in fact all the financials look sick...Goldman Sachs strongest of the bunch

I had roughly figured out 41 or so but not that accurate.......
Either way Citi probly won't go bust so it's a waiting game ...along with

Home Depot, JC Penney, Freddie Mac, Mircon Tech and a few more .................

 

[Hook Shot]

This magic of 52 is dull but continues to produce results... notably Glaxo and BP. in the uk
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STATESIDE: GE, DELL MOTOROLA .........3 great brands all hit 52L Tues 15th April.........
now just got to track them until things change .......
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[Hook Shot]

AIG made another 52L (almost 10yr low on tuesday 13th)
-aig had big volume and closed near the days highs ...................... !!!

One swallow does not make a summer..... lets watch...

Candlestickchart.com Candlestick Chart Stock Market Technical Analysis : AIG