RE: Watchlist - Traders method
(2013-09-05, 05:01 PM)gbarbs Wrote: ALSK pulling back. It touched its 50 dma today. Not safe enough for me yet, but I am watching it. Just thinking it might bounce off the 50 day here and continue up. We'll see.
Careful with this one my friend, the DJ US Fixed Line Telecom Index looks to me to be in a stage 4A http://stockcharts.com/h-sc/ui?s=$DJUSFC (You'll need to take the linked daily chart up to the weekly, it will only link to the daily chart for some reason unknown to me)