Friday, March 30, 2012 12:31:32 PM
TLB has put in one of the most powerful bottoming formations
After spending 1 1/2 years in decline, TLB has put in a very bullish bottoming pattern
On increasing volume TLB BROKE OUT above it 150 MA on good volume
*** CONFIRMED STAGE 2 BREAKOUT for TLB ***
STAGE 2 BREAKOUTS CAN LEAD TO LONG LASTING, MULTI-MONTH/YEAR BULL RUNS THAT OFTEN GO PARABOLIC
Fundamentals have improved for Talbots and driving wave of new buyers looking towards the future of TLB
Confirmed Stage 2 Breakout
Cheers!
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