Replies to post #19885 on lowtrade

[TheBioTrader]

NRF - Ascending Triangle in play

[lowtrade]

DGII

Not a ascending triangle. A channel. Which would say expect a bounce off resistance to fill 2 gaps below.

Was planning to be done for the year but as usual you come threw with a few more good plays. My picks from you charts this weekend.

Buy stops on MCGC & COT. Open market buy for NRF. Thanks. The flags need more, but good strong watches, if you want to be holding stock at end of the year.

I normally clean the books for taxes. This year, I'll be holding 1 stock. Remember CIM a few months ago. I posted about a long dividend play, with swings. It's been berry berry good to me. And looks like my plan to hold free shares 2011 for a long divi only hold play, will work out.

This leads me to your NRF stock. It's also a REIT large dividend play. (8.75%) The Declaration Date is mid Jan and has had runs into the quarterly date in history. This IMO will support the ascending triangle break. Especially with fund managers re-balancing accounts for 2011.