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Tuesday, November 15, 2005

Homework - 111505

HAL; 15-minute chart - the second bar formed a "hammer-like" candle at two points of support (including the 34MA) and took off like a rocket from there.

AEOS; 15-minute chart - the second bar was a nice "hammer-like" candle on the morning low.

WMT; 15-minute chart - see AEOS above. WMT also provided a "bread and butter" set-up (12th bar).
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Posted by Trader-X at 7:27 PM

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DISCLAIMER - I DO NOT MAKE RECOMMENDATIONS TO BUY OR SELL SECURITIES; I JUST POST MY THOUGHTS, TRADES, AND OPINIONS. DO YOUR OWN DUE DILIGENCE - YOU ARE RESPONSIBLE FOR YOUR TRADES, INVESTMENTS, AND DECISIONS. ALL CHARTS ARE COURTESY OF REALTICK. ALL TIMES INDICATED ARE NY (EST).