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Thursday, March 22, 2007

Wednesday's charts

Here are a few charts I mentioned in "Comments" of the last post:

MS - 032107; 15-minute chart




FMCN - 032107; 15-minute chart



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8 comments:

oonr7 said...

X... nice work with FMCN. I find these kinds of setups so hard to judge because I feel it's exhausted once it gets back to the OR high.

TraderJ said...

ADBE had 2 hammer like candle on the 2nd and 3rd. It would probably get a D because of all those long upper tails, and a break of opening low.

Anonymous said...

ooonr7, I agree which is why I gave it a "C" in my comments on the previous post.

Have a good trading day all.

Trader-X said...

To answer a commentor in the previous post, I gave MS a "B" because of the weak second bar and the long upper-tail.

I do like the sixth bar "trigger" here - crossing the OR high and closing at its high (actually, opening at its low and closing at its high...a marabozu)

Gary said...

RACK with stop at 16.55 4 cents risk let see what it can do

Gary said...

RVBD ELOS ISRG other ones

Teddy DaRussian said...

Hey gary can you email me at tkaplun at yahoo . com I have some questions for you if possible
thanks!!!

Anonymous said...

hello,
Is the arrow pointing to the bar you entered or its the trigger bar and you entered on the next bar?

Newz