CMGI
#1
Posted 15 March 2007 - 04:15 PM
#2
Posted 15 March 2007 - 04:20 PM
http://stockcharts.c...llery.html?CMGI
the breakout was noted at other TA boards in recent weeks... few stocks are discussed at TT...CMGI is widely discussed elsewhere as a profitable trader
Edited by hiker, 15 March 2007 - 04:26 PM.
#3
Posted 15 March 2007 - 04:30 PM
draw the now broken downtrend line on the multi-year weekly and the breakout signal provided weeks ago will be clear..weekly in this link -
http://stockcharts.c...llery.html?CMGI
the breakout was noted at other TA boards in recent weeks... few stocks are discussed at TT...CMGI is widely discussed elsewhere as a profitable trader
Thanks. Nice break out indeed. Hope it holds.
#4
Posted 15 March 2007 - 04:35 PM
#5
Posted 15 March 2007 - 04:44 PM
Edited by hiker, 15 March 2007 - 04:47 PM.
#6
Posted 15 March 2007 - 04:55 PM
so Paul, I assume you are suggesting selling on strength and not risking it moving back below the new near-term rising bottoms trendline?
higher highs and higher lows prevail since summer 2006...there are some relatively new fundy drivers now in play....
Paul..you suggest selling here? how much more upside do you estimate may be forgone for the sake of managing the fear that a stock in a rising trend lasting for months may suddenly reverse at perceived resistance?
since you chimed in here, wondering how you actually consider the risk of leaving a profitable long trade too early?
Hiker it is just a measured move..... 1.5 minus 1equals 0.5 ......2 times 0.5 is 1 .....you add 1 to it, the objective is 2 bucks.....just basic TA....
#7
Posted 15 March 2007 - 05:00 PM
Edited by hiker, 15 March 2007 - 05:01 PM.
#8
Posted 15 March 2007 - 05:38 PM
Mark S Young
Wall Street Sentiment
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#9
Posted 15 March 2007 - 05:49 PM
#10
Posted 15 March 2007 - 05:52 PM
Mark S Young
Wall Street Sentiment
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