Thursday, November 02, 2006

Wilder Directional System plays

Watching these:

The ADX(14) on FWLT broke above 30 on Oct 23, and FWLT's price is testing its SMA(20) today. The Wilder Directional System predicts that it should bounce up to at least its previous high.

PLXS ADX(14) broke above 30 on Oct 10. Price is approaching SMA(20).
NDAQ ADX(14) breakout on Oct 11. Price at SMA(20).
PLXS ADX(14) breakout on Oct 18. Price at SMA(20).
JNJ ADX(14) breakout on Oct 18. Price bouncing off SMA(20).
CMC ADX(14) breakout on Oct 20. Price still above SMA(20).
.... more later...

SGP ADX(14) had breakout, but price crashed through SMA(20).

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