WEALTH BUILDERS TRADERS PARADISE

[Geaux Fish]

GeauxFish Running list of weekly chart break outs and pics.

FYI when you see a weekly chart posted it is being posted because of tremendous upside potential as the technical’s strengthen and stocks break their resistance zone neck lines. Once a stock breaks one should refer back to a daily chart to trade it accordingly as you get the ma-20 overlay to pinch the top side of the Williams 9 can cause a correction as you get the ma-20 overlay to hit the 70 yard mark on your RSI 14 and the RSI begins to break down to cross the 20 overlay you will also notice the arron breaking down across the ma-20 overlay in advance of the RSI. At this point you do not risk the profits and sell till the stock is reset to break out several months after the side was channel action and than if you had entered back refer to the weekly and watch the ma-20 case describe above take place and run for the hills.
Remember the trend is your friend. Break below resistance or out of the trend a continuation can fail.
GF

IKAN Monday, August 30, 2010 8:47:10 PM
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