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ryall12

07/13/10 9:21 AM

#657 RE: robocop8 #656

thanks and good luck with fcel! i do think this will treat us well but there is a chance it can not break 1.30 before the end of the month. i dont think there will be a fall if this happens, just consolidation until the 30 day window for the warrants to expire on the 23rd. we should know soon as it should break 1.30 by thursday. if it doesnt i would suggest taking some profit if you can, then look to get back in when it signals run again.
that said i think it will break 1.30 by thursday but will update each day.

as for charting i got started with stockcharts.com
they have a nice guide on candlesticks and basic chart patterns. that should get you comfortable with a chart and terms etc. might be one explaining indicators too, that is a big one to check out next. if not just google some terms.
after that there is nothing better than to start drawing them. they have a pretty decent free charting program. id start with using some moving averages on the chart, they start you with some. and use macd, full sto, and a money flow indicator (cmf, a/d, obv something like that whichever you like) on the bottom.

people post plenty of charts on ihub, but you want ones with lines on them. find one and copy it to see where the lines come from. draw it up, save it as jpg, wait a few days then draw it again. you will know youre on the right track if the new data plays nicely with the lines you drew last time.