BLVN

This one broke down medium term trendline, I set my order to go long at 58.25
- Long term trendline and some support in this area

Yeah - I've bailed out on this one for a small loss. That's trading for you!

yup, a small loss for me too on this one....oh well lets hope SXX comes up trumps over the next few sessions !

After the fib went at 67.50, horizontal support at 62.50 is the next target. I don't hold much worth on the trendline drawn from the June / July lows and am not surprised it provided no support. The closing price trendline break at ~77/77.50 was the sell point IMO then wait for a confirmed trend change/bottom to form.

F4T

Starting to look a little healthier now - nice move up yesterday has broken the downtrend, the MACD has crossed on the daily and the RSI on the daily has also broken the downtrend. Tempted to take the plunge with a tight stop...

We have positive MACD divergence and a potential double bottom forming on the daily after yesterdays doji. Could be a bottom and turning point IMO. Neckline and resistance would be in the 75 area if it plays out.

F4T