The FinancialContent Network     SocialPicks Community   |   MarketMinute Monitor   |   MarketMinute Market Updates   |   MarketMinute Stock News
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     
6 pts

Opinion on  iShares MSCI Japan (EWJ)     Sector: Financial  >  Industry: Misc. Financial Services
EWJ: Long Term Trendline Being Tested.

Jul 22, 2008 06:45 PM GMT
Polluxtechnicalslogo
Return Risk
+27.43% HIGH
Sr. Analyst

A weekly chart shows the price testing a LT trendline.  To confirm the analysis, we see positive technicals developing on the daily, so there should be volatility creeping back in as we test this all important trendline.  We have to watch for volume to increase, but the correction/consolidation for the last 2-3yrs could be coming to an end.  I would post the chart to this item, but it does not seem to be working.

Look at http://polluxtechnicals.blogspot.com for a full technical spectrum on today's global markets.


EWJ:  This call was made on 07/22/08 @ $12.12
Rating:   Positive   $12.12 (07/22/08)
Gain/Loss:   -22.03% in 491 days
Target:   $19.00 (+56.77%) in > one year


Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment



ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 21.10 +34.25% 381
2 18.14 +72.34% 210
3 17.66 +25.65% 55
4 13.47 +14.32% 61
5 12.13 +76.91% 39


POPULAR STOCKS
Symbol Company Name Sentiment

TODAY'S HEADLINES

TODAY'S TOP PICKS

 
iShares MSCI Japan (EWJ)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
78.5%
Top:
100.0%




Latest Picks by pollux
Symbol SP Sentiment Rating Return Since
TTM Positive +256.70% 10/23/08
AMR Positive -17.50% 10/09/08
UAUA Positive +26.38% 10/09/08
MELI Positive +81.81% 09/22/08
AIG Positive +1265.35% 09/16/08

View All >
   




IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch