Charts and more charts. Plus sporadic thoughts on the stock market, trading, politics, entertainment, sports, and everything else.
Monday, April 16, 2012
Charts from "comments"
There have been some good trades discussed in the comments over the past few posts. Here are a few charts - please reference the comments of the last post for details. Both trades are from last week.
Nice trades. Thanks for keeping the site fresh.
ReplyDeleteI miss the u-turn setup. It would be good to see Tom C. come back and make a few posts!
ReplyDeleteAny significance that both these broke the 100EMA by gapping above them?
ReplyDeleteTom C.! I wish you were back, I learned a lot.
ReplyDeleteAnon, the jump over the 100EMA is just another positive factor in the setup. I wouldn't use it as a basis to trade, but it is a sign of momentum.