Post feedWhoops...Price Patterns
Meena, thanks for the reminder! It has been such a busy week I didn't post this weeks patterns discussed in the price patterns class.
Here's this weeks victims...
RAVN- Descending Triangle
WCC- Descending Triangle
MLM- Descending Triangle
NGPS- Bull Flag
SIGI- Bull Flag
AAP- Bull Flag
I'm sure you have been watching the others from prior weeks and seen some nice trades out of them. Add these to the list and monitor them daily for breakouts.
Here's this weeks victims...
RAVN- Descending Triangle
WCC- Descending Triangle
MLM- Descending Triangle
NGPS- Bull Flag
SIGI- Bull Flag
AAP- Bull Flag
I'm sure you have been watching the others from prior weeks and seen some nice trades out of them. Add these to the list and monitor them daily for breakouts.
DO - Descending triangle which broke today. Add it to your list.
Posted by
Anonymous |
9/20/2006 06:23:00 PM
Took it today at $69, LOVED IT!
I think Jeff was talking about NE, which seems to be interchangeable with DO, since both drillers are showing the exact pattern and breakdown today.
The thing i loved about DO is the huge volume on today's break.
Posted by
Anonymous |
9/20/2006 07:44:00 PM
Jeff, I can see the bull flags you mentioned in this post but I am not sure how to set my exits on a trade on a bull flag. Could you review that on the blog?
Thanks for all your help!
Posted by
Anonymous |
9/22/2006 05:04:00 AM