GOOG - if you're willing to pay a ton for an OTM option, this is a bull flag breakout with a huge move ahead. keep in mind that implied volatility is low and climbing up.
KLAC - finally broke out of the ascending triangle
Today, TXU looks like a nice bear flag breakdown from strong resistance at $59.50. Nice move upcoming. Good idea to get some bearish trades to offset all the bullish breakouts
I am a professional trader and an instructor for Investools. I've had relations with the markets for 9 years. Born in Concord, CA, but reside in Saratoga Springs, Utah. Father of THREE, Husband of one.
Here are some more:
GE - Symm. triangle
UTX - Symm. triangle
BHI - Symm. triangle
HOG - Bull Flag
CLE - Symm. triangle
VSEA - Symm. triangle
TKR - Symm. triangle
SMSC - Symm. triangle
Posted by Anonymous | 11/14/2006 08:54:00 AM
is DTE showing a Flag here?
Posted by Unknown | 11/14/2006 09:15:00 AM
Thanks to all that post trades. This is a great learning tool for me.
Amy
Posted by Amy | 11/14/2006 12:06:00 PM
COH
Looks like this bull flag just broke to the upside today with nice volume.
MikeH
Posted by Mike | 11/14/2006 02:10:00 PM
some more trades you can look at:
ICE - thank you jeff. this one looks GREAT.
GOOG - if you're willing to pay a ton for an OTM option, this is a bull flag breakout with a huge move ahead. keep in mind that implied volatility is low and climbing up.
KLAC - finally broke out of the ascending triangle
NICE - flag breakout today
VCLK - flag breakout today
Posted by Anonymous | 11/14/2006 07:40:00 PM
Today, TXU looks like a nice bear flag breakdown from strong resistance at $59.50. Nice move upcoming. Good idea to get some bearish trades to offset all the bullish breakouts
Posted by Anonymous | 11/15/2006 09:06:00 AM