WYN – Wyndham 10 day Candlestick Chart
May 21st, 2009
WYN 10 day/15min
WYN 5 Day Chart / 15 min candles
Heres a good look at the chart of Wyndham today. You can see that it has broken its short term uptrend, but the longterm trend is in place, as it has only moved down a few cents and the rsi is getting oversold. I also see that after the last ‘Hammer Candlestick’, it has retested that area, and now looks to move sideways as the market goes down.
The blue lines on top represent the short term uptrends. No breakout yet.
The bottom blue line represents the short term down trend. If it breaks below this line, I would be surprised. I wouldn’t be surprised if it were to bounce off this line.
In the meantime, as the market continues to take a dump today, it looks like gold is ready to make a big move higher on big volume. I’m watching SA for a breakout, as I have some calls I bought yesterday on the dip.
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Posted in Stock Charts | 
Tags: breakout, Candlestick, candlestick chart, Chart, hammer, market, prophet, SA, stock chart, Stock Charts, term uptrend, WYN, wyndham
Great post! Just wanted to let you know you have a new subscriber- me!
Good call on Wyndham, that stock is still going higher since it went down to 2.00 for no reason in December.