I am not a financial adviser so you should not take any part of this blog as being financial advice. Observing and interpreting charts is a hobby and so is this blog. The information in this blog is just my opinion, it may not reflect reality. Stock market investing is risky - you can lose all, or potentially more than all of your money given certain market conditions. Not only can you lose a lot of money buying shares, you can also lose a lot of potential profits by selling shares at the wrong time. So please do not buy or sell shares because of information in this blog. Whether you buy or sell shares is your decision as is the decision when to buy and sell. Do not risk any money you cannot afford to lose. Do not risk any money if you do not fully know and understand what you are doing.

Friday, July 23, 2010

Is Giralia pointing the way?

One of my favourite stocks is Giralia (GIR). One reason for that is that its chart is highly reliable. Today the daily bar turned blue. The 'XAO Indicator' is quite reliable on the Giralia chart. When it turns blue on Giralia, it is a good reason to believe the overall market is going higher. (The writer owns shares in Giralia - This is meant as a disclosure only and not a recommendation of any kind)




Click on chart to enlarge
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