Saturday, June 21, 2008

CDE - Coeur D'Alene


CDE has traced out a long consolidation range between $7.50 and $3.00 over the past few years - after a big move up... Looks to have broken through the bottom of the range as identified by the Circle on the chart under the Green Support Line... this is either really bad news to Longs or it could represent a false breakdown and the beginning of a new move higher only time will tell....

WTR - Aqua America

MONTHLY

WTR has made an absolutely gigantic move up in the past number of years as is evidenced on this MONTHLY chart. That being said, it's two year corrective phase is not so surprising although it has been significant on a percentage basis... Has recently reached BLUE trend line support and appears to be sufficiently oversold to get a rally going... These WATER stock should be great long term investments...


DAILY

WTR has been stuck in a tight descending flag formation, is running into good support level, so I would look for it to start moving sideways here, before recovering...

$TNX - 10 Year Yield and TLT

$TNX - 10 Yr Yield


TLT - Long Term Bond ETF