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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Wednesday, 26 June 2013

Go for yer gun !


Posted by at

4 comments:

  1. Anonymous26 June 2013 at 17:15

    Target?
    Thank you

    ReplyDelete
  2. Chartrambler26 June 2013 at 17:43

    well maybe I'm reading it wrong and its a topping pattern rather than a continuation pattern but if not 14-15 ?

    ReplyDelete
  3. Anonymous27 June 2013 at 12:42

    Ok
    If it's a topping pattern where do you suggest to place a stop loss? 9/9,10 $?
    Thank you

    ReplyDelete
  4. Chartrambler27 June 2013 at 13:48

    that depends on your risk tolerance and other things but I have posted a shorter term chart with one suggestion.
    I noticed a kind of double bottom at 7.5 (murrey math number ) so would be watching for resistance at 50% and at 100% if that breaks ie at 11.5 and 15

    ReplyDelete

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