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thecon00

03/10/14 9:10 PM

#2835 RE: Jaybar68 #2829

Jason, it is but the neckline is not even close to horizontal so the top resistance line sort of makes the pattern useless. See how they draw it out on finviz.
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Azy

03/10/14 9:12 PM

#2837 RE: Jaybar68 #2829

Yeap - anyhow your choise of stock is not rly appropriate (if you ask me)( i usually try to avoid not running stocks or stocks that run so close to the ema-ma cross)(not strong enough at the moment) you can try scalping it - cuz its a cheap stock... still win- loose ratio and %wise return - not rly worth it... put in different words... if u had 10k for a position - would you put it on this stock? - for what % return?(and even with 10K u might be able to pull some profit out of it...but if you are trading with 10k total and u have 1000$ a position-not at all)