PDA

View Full Version : Ball Corporation (down 3.61 percent, BLL) continues downward movement


icetr4slm
08-09-2011, 10:51 AM
Summary Free Membership&nbsp&nbsp&nbsp&nbsp&nbspAdd to watchlist&nbsp&nbsp&nbsp&nbsp&nbspEmail to friendSee our recent article: How do I manage my trading risk?(Date Report Was Created: 4-Aug-2011)&nbspBall Corporation (BLL)Consumer GoodsLast: 35.2 &nbsp(-1.32 pts, -3.61%)&nbsp&nbspOpen: 36.13 &nbspHigh: 36.2599 &nbsplow: 35.17 &nbspPackaging and Containers Quick Summary The Stock is in Distribution Phase. The distribution Phase occurs when the market is showing signs of weakening. The sellers seem to be entering the market. The stock has retraced 13.2% from its recent high price of 40.555 which occurred on 8-Jul-2011. The current price is below the 50 day moving average of 38.53. Sustained move below the average could put the recent uptrend in jeapordy. The closest support can be found at 35.1. The closest resistance can be found at 38.8. See Support/Resistance below for details. How to trade Ball Corporation(BLL)? Breakout Trade: A close above the resistance level of 38.8 could trigger a buy signal. Confirmation would occur when the low of the day would be above 38.8. Retracement Trade: Consider sell/shorting when the price retraces around 38.8 if you are aggressive. Alternatively, a conservative sell would be around 40.36. Risk Management: Consider risking somewhere between 1.422(4.04%) and 2.37(6.73%) points on your position. Risk management is an important part of trading. Our risk management strategy is based <a href="http://www.lossweightclubs.com"><strong>Weight Loss tea</strong></a> on the average daily range of the stock. Sign up for free membership to view complete report. (Available only for short time) Look up analysis for ANOTHER stock Donate to askStockGuru.com website. If you donate 50.00, you will help support us and also get our donors only newsletter for one year The exclusive newsletter for one year will consist of Graphical analysis to visually understand the stock market. Sector by sector analysis which highlights breakout stocks for each sector. Great for ideas. And our way to say thank you. Sign up for complete report Free Membership&nbsp&nbsp&nbsp&nbsp&nbspAdd to watchlist&nbsp&nbsp&nbsp&nbsp&nbspEmail to friend&nbspTo view complete institutional style report and recommendation on Ball Corporation(BLL), pleaseSign up for free membership!!! If you have already registered, login now, to view the complete report. We evaluate over 4000 stocks everyday. Read our analysis for BLL and other stocks daily.Why not become a member ?For now, it is FREE!!! Technicals Free Membership&nbsp&nbsp&nbsp&nbsp&nbspAdd to watchlist&nbsp&nbsp&nbsp&nbsp&nbspEmail to friend Market Phase:? Distribution This indicator compares long term trend with short term price action to explain the current phase of the market. According to the indicator, the stock of Ball Corporation is in the Distribution Phase. The market for BLL is weakening. Generally, this indicates that the market is showing signs that sellers are entering. &nbspShort Term Trend: &nbsp&nbsp(-10) The short term trend indicator only looks at 10 to 20 day timeframe to determine the current trend. Ball Corporation(BLL) is currently strongly bearish.&nbsp3 Day Money Flow: &nbsp&nbsp(-10) The money flowing for last 3 days in BLL has been strongly bearish. This indicator summarizes the price and volume activity over last 3 days. It is a very short term indicator. Snapshot Free <a href="http://www.5capshop.com"><strong>DC hats wholesale</strong></a> Membership&nbsp&nbsp&nbsp&nbsp&nbspAdd to watchlist&nbsp&nbsp&nbsp&nbsp&nbspEmail to friendPhase:?Distribution &nbspRelative Strength:&nbsp&nbsp &nbsp(+7) EPS Growth(yoy):&nbsp&nbsp &nbsp(+5) &nbspFundamental:&nbsp&nbsp &nbsp(+8) &nbspTo view complete report on Ball Corporation(BLL)please sign up for free.If you have already registered, login now to view the complete report. askStockGuru TIPS Free Membership&nbsp&nbsp&nbsp&nbsp&nbspAdd to watchlist&nbsp&nbsp&nbsp&nbsp&nbspEmail to friendIf you are investing in stock, or if you buy stocks, trade stock, or are into stock investing, read this section to improve your stock trading skills. If you buy stocks, sell stocks, or trade stocks, you may have asked your self the following question: What does upside and downside breakout mean? Breakout is price <a href="http://banienel.com/galeria/displayimage.php?album=lastup&cat=0&pos=0"><strong>MBT Womens Lami Birch shoes UK locator | Fresh Articles about Anything</strong></a> movement of a stock through an identified level of support or resistance. The upside or downside breakouts are traded with the presumption that the move will continue. Traders who keep an eye on the upside or downside breakout, generally, look for increase in the volume( number of shares traded ) for the breakout bar. Higher this volume, bigger and stronger the breakout. The traders will buy the stock when the price breaks above a level of resistance and sell when it breaks below support. The traders may also buy the stock when the price bounces from a support level with higher volume. Similarly, The traders may also sell the stock if the price declines from a resistance level with noticeable increase in volume. A downside breakout is also referred to as breakdown. This is usually a bearish sign. askStockGuru tries to identify both breakouts and breakdowns. It also checks for increasing volume.