MTM's Charts to watch

[mtm]

The spoos have bounce to the 1.382 mark of fibbonacci extensions from the lows look for 1.50 to be the extreme intermediate high.

RSI is still showing bearish divergence too.

[B.J]

MTM, are you also watching volume today? I saw on CNBC pre-open that the market finally took some positive news on Greenie's comments. If that doesn't get the institutions fired up, I wonder...

[mtm]

MTM, are you also watching volume today? I saw on CNBC pre-open that the market finally took some positive news on Greenie's comments. If that doesn't get the institutions fired up, I wonder...

The volume is so low its rediculous. Don't you think the Institutions already bought in? I would'nt call low volume giving conviction to what Greenie said. I read what he said and to me (JMHO!) he said I don't know whats going on.

[mtm]

He is another thing just to keep in mind.

Pay attention to this trendline from the market bottom set in 2003. Noticed how we broke it earlier this year and are now back up testing it. Will this stop the market and send us lower? Only time will tell on this one!

[B.J]

MTM, you highlighted KYPH recently. How are you liking it lately? Seems like a necessary consolidation after a nice runup to me.

One thing that really concerned me, in watching it, was that real wide intraday blip between 28 and 30 last week. I've seen those prior to the ELN and ABRX plunges.

[mtm]

KYPH is still on the watch list, but its just consolidating like you said.

[mtm]

Well KYPH is no longer consolidating after todays court decision.

[Websman]

Well KYPH is no longer consolidating after todays court decision.

Just when you least expect it...

[mtm]

Your right on that! That call was not because I seen it coming. It was because they won a big court decision against another company.

[mystiky]

EBAY - what does the chart say?

Hi MTM,

Any comments on the EBAY chart?

I am thinking that it should bounce from the $32.50 - $33 level and could revisit $36

[New-born baby]

My View

Hi MTM,

Any comments on the EBAY chart?

I am thinking that it should bounce from the $32.50 - $33 level and could revisit $36

Please forgive me if this offends you, but I thought I'd throw a chart up here
and see how the expert, MTM, compares with my view.
THE WEEKLY:

I am looking at a possible double bottom for EBAY. If that happens, it is
great news for you. That would target the $45 range.

THE DAILY:

[mystiky]

Ebay

Hey, thanks for the chart and the opinions...

the more, the merrier!

[Runner]

I got my eye on EBAY for a possible buy!

[New-born baby]

Where?

I got my eye on EBAY for a possible buy!

Eagle Eyes:
Where is your possible entry? Would you care to describe your plan? Critique my chart? I would like to hear it.

[Runner]

NB, I’m looking for the possible double bottom or a reversal some where close to the double bottom. One of my indicators I use is STO. Once I see it hook back up I’ll become alerted. Also keeping a close eye on Volume. I think your in the ball park with the 31.25 entry. Nice charting