Coming out of a double bottom with momentum starting to build. 
8.50 first then 10.20. Risk/Reward ration in favor of reward IMO... 
http://stockcharts.c...9174&r=5079.png
When in Doubt, What to Do?
Started by
frenchpj
, Jan 17 2007 08:47 PM
2 replies to this topic
#1
frenchpj
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Posted 17 January 2007 - 08:47 PM
Buy VGZ! Coming out of a double bottom with momentum starting to build. 8.50 first then 10.20. Risk/Reward ration in favor of reward IMO...
http://stockcharts.c...9174&r=5079.png
Coming out of a double bottom with momentum starting to build. 8.50 first then 10.20. Risk/Reward ration in favor of reward IMO... http://stockcharts.c...9174&r=5079.png
"Great things are not done by impulse, but by a series of small things brought together."
– Vincent van Gogh
– Vincent van Gogh
#2
vitaminm
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- Traders-Talk User
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Posted 17 January 2007 - 09:27 PM
vgz
R2 R1 Pivot S1 S2
8.20 8.06 7.90 7.76 7.60
vitaminm
#3
frenchpj
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- Traders-Talk User
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Posted 18 January 2007 - 08:28 PM
vgz
R2 R1 Pivot S1 S2
8.20 8.06 7.90 7.76 7.60
Thanks for the pivot points. Another idea is to short TLS...http://stockcharts.com/c-sc/sc?s=TLS&p=D&yr=0&mn=6&dy=0&i=p42739329556&a=95023998&r=1941.png
"Great things are not done by impulse, but by a series of small things brought together."
– Vincent van Gogh
– Vincent van Gogh
