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*** These days I post my charts/thoughts on http://www.stocktwits.com under the same user name BreakoutTrader *** "Charts are worth a million words." - Ralph Acampora "Having learned what folly I was capable of, I closed that particular incident." - Reminiscences of a Stock... More
  • ANR Alpha Natural Resources: AT Six-Month Support 0 comments
    Mar 7, 2012 9:42 PM | about stocks: ZQ

    ANR had an intrady low of $15.52 yesterday. The following
    chart shows that was near/at six-month low since
    10/4.

    20120307_ANR_Daily

    The hourly chart's price/volume indicator generated
    a possible turning point signal on yesterday's first
    hour. ANR needs to hold the $15.52 low, otherwise,
    it may resume the downtrend.

    20120307_ANR_Hourly

    Disclosure: I have no positions in any stocks mentioned, but may initiate a short position in ANR over the next 72 hours.

    Stocks: ZQ
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