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Replies to #348 on Learn to Trade
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DonLeopoldo

01/01/09 8:50 AM

#349 RE: DonLeopoldo #348

MTCH Annotated Chart:

Volume decreased in resistance blue breakout at 2nd attempt, and now it is support.

Watch next resistance purple level narrowing fast, while MA200 divest fast as well.

Retrace of only 1st Fibo... if it breaks $4 & $6, then comes $12 & $30,... and then some $300+ levels, where UTEK made some volume and PPS began falling like a rock.

Watch for a Chinese Metallurgical multibillion R/M to be announced shortly, together with a $4 breakout, which could be the massive trigger to a few x100 BAGGERzzz, LOL.


MTCH_2008-12-31.JPG






all imho,... I've had a dream, LOL !