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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: Rashid Garuba who wrote (28193)3/8/2002 9:54:06 AM
From: Mike Sawyer  Respond to of 59879
 
Rashid, the weekly on BRCD that I was talking about is just beginning to finish the right shoulder....it is headed back towards the neckline now. Only if it takes out the neckline will it make it to my target price of 70 and that is a long term target. I like playing H&S patterns early....if I can catch part of the right shoulder I get to book a profit and that helps to give wiggle room while trading in and out waiting for the neckline to be broken.