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It has been quite some time since I last blogged, went back to learn some T.A indicators and waiting for the US charting tools to be ready. Now, the software is ready and tomorrow when I have my own laptop I can continue to jot down my US Stocks learning & observations again.

Last weekend, these are the observation I've done on stocks that are releasing their earnings these 2 weeks.

1) Goldman Sachs , GS ( Finance Sector)
Earnings releasing on 12th Dec
Previous Earnings on 12th Sep

Charts:
- above 22dma since 12th Sep, uptrend
- current Stock price at 205USD, consider historical high
- RSI around 60
- Curent IV 30.04 ( towards the high end)

Comments: Watch out for MACD indiactors to determine the stock directions.

2) Lehman Bros, LEH ( Finance Sector)
Earnings releasing on 12th Dec
Previous Earnings on 13th Sep

Charts:
- currently above 22dma since 6th Dec
- current Stock price at 77.03USD, historical high at 78USD
- RSI moving towards 60
- MACD lines cutting each other now
- Current IV 29.61 ( towards the high end)

Comments: If go above USD 78 breaks resistance level, the SP will continue uptrend. Look out for MACD signal too to further determine it will moves in which direction.

3) Adobe Systems, ADBE ( Software Sector)
Earnings releasing on 14th Dec
Previous Earnings on 14th Sep ( gapped up from> 33 to 37)

Charts:
- currently below 22dma since 28 Nov
- current Stock price at 38.88USD, historical high at 42.55USD
- currently testing the 78.2% support level
- RSI moving below 50
- Current IV 38.17 ( towards the high end)

Comments: Testing the dma 20 lines now, if go above,the SP will go up, ready to LONG CALL. Watch out forMACD too.

NEXT WEEK

4) Oracle, ORCL ( Software database Sector)
Earnings releasing on 18th Dec
Previous Earnings on 19th Sep ( gapped up from> 33 to 37)

Charts:
- currently below 22dma since 6 Dec
- current Stock price at 17.80USD, historical high at 19.66USD>
- breaks the support level at 18USD, currently testing it again.
- RSI moving at 40
- Current IV 38.17 ( towards the high end)

Comments: Watch out the movements, likely to movedowntrend after USD 17.5 level. If earnings results good, it will help the SP to rebound.

5) Morgon Stanley, MS ( Finance Sector)
Earnings releasing on 19th Dec
Previous Earnings on 20th Sep ( price did not gap but consistently uptrend for 1.5 mths)

Charts:
- currently just above 22dma since 5th Dec
- current Stock price at 78.61USD, historical high at 79.20USD
- resistance level at 75.85USD.
- RSI moving towards 60
- MACD lines cutting each other now.
- Current IV 29.14 ( middle range)

Comments: Prepare to LONG CALl if the MACD line cutsup. If SP drops below USD 74, time to short.

6) Fedex, FDX
Earnings releasing on 20th Dec
Previous Earnings on 21th Sep (price decreased with a long black candle, but thereafter SP moving uptrend for 1.5 mths)

Charts:
- currently just dropped below 22dma since 8th Dec
- current Stock price at 115.30USD, historical high at 119.42USD
- support level at 114USD, resistance level at 118.44.
- RSI moving at 50
- MACD lines cutting each other soon, seems like going down to test support level.
- Current IV 29.19 ( middle range)Comments: Don't want to trade this stock.

7) Research in Motion, RIMM ( Telecomms Equipments> Sector)
Earnings releasing on 21th Dec
Previous Earnings on 28th Sep ( gapped up from> 86USD to 102USD, thereafter uptrend till highest 141.56USD)

Charts:
- currently just dropped below 22dma since 7th Dec
- current Stock price at 127.69USD, forming a doji now
- RSI dropped towards 50
- Current IV 48.95 ( middle range, highest at 65)

Comments: If Monday forms a white candle and MACD slope up, get ready to LONG CALL.