Wednesday, 26 June 2013

Go for yer gun !


4 comments:

  1. Target?
    Thank you

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

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

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  4. 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

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