AI
Sunday, April 01, 2012 10:58:18 PM
PPP chart
Plan the trade.
Swing trade portion of trade.
Small position at reisistance break same "O"/down trend line, ($3.00) second larger at mid pattern reisitance break. ($3.60) Swing trade target $4.20 gap fill/ pattern target.
Position trade portion of trade.
Bank profits and re-enter with original cash amount in continuation after $4.60 top resistance break. Which should be clean sailing up, because next resistance levels at $5, $6.50, and $7.75, were on very small investor volumes. (sentiment/following) And offer little strength to continuation.
Next resistance levels
http://stockcharts.com/h-sc/ui?s=PPP&p=D&yr=2&mn=0&dy=0&id=p30219358607
Trade end = end of Q2 or ant point I see possible end of climb.
Plan the trade.
Swing trade portion of trade.
Small position at reisistance break same "O"/down trend line, ($3.00) second larger at mid pattern reisitance break. ($3.60) Swing trade target $4.20 gap fill/ pattern target.
Position trade portion of trade.
Bank profits and re-enter with original cash amount in continuation after $4.60 top resistance break. Which should be clean sailing up, because next resistance levels at $5, $6.50, and $7.75, were on very small investor volumes. (sentiment/following) And offer little strength to continuation.
Next resistance levels
http://stockcharts.com/h-sc/ui?s=PPP&p=D&yr=2&mn=0&dy=0&id=p30219358607
Trade end = end of Q2 or ant point I see possible end of climb.
Welcome to my mind!
Success to all
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