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January 25, 2010

A Review of NEP

I've been posting a few candlestick chart scans and asking my readers, "would you buy them" here and now or just posting some basic commentary about them being screwed.  Let's take a look at how one of them faired after I wrote about them. Today's review is $NEP, which made a wicked hanging man on Jan 7th, and I thought it was in trouble based on its parabolic move and then hanging man.

Well it was in trouble, see how's breaking down from here? I think its gunning for the $8 area…

This entry was posted on Monday, January 25th, 2010 at 11:59 am and is filed under Stocks, Trends. You can follow any responses to this entry through the RSS 2.0 feed.You can skip to the end and leave a response. Pinging is currently not allowed.

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