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Strategies & Market Trends : LastShadow's Position Trading

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To: Redhook who wrote (29508)1/20/2000 3:12:00 PM
From: Jeff Jordan  Read Replies (1) of 43080
 
NWLL, ok I did a 15min P&F chart..

above 22.5 is a breakout...it reversed around 15

18 1/8 is a 2xbottom....the trend is up

20 should be a good buy now...BUT, if it breaks 20...watch 19.375, then 18.75....17.5 is trouble

DON'T FORGET WE'RE GOING INTO CLOSE ON A DOWN DAY...now look at your Island book...

....now where was I?

INIT 2xtop break...another 1/4 and it's 3x, this could be big! Or it reverses here
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