It may take one more pullback, but the breakout point is currently 3250. Buying the breakout would put the stops just below. With a tight triangle like this the 4250 target could be quickly attained. On a pullback, there is great support at 2985. Stops would be placed directly below that.
Saturday, April 10, 2010
China 4/2010
China is getting ready to breakout.
It may take one more pullback, but the breakout point is currently 3250. Buying the breakout would put the stops just below. With a tight triangle like this the 4250 target could be quickly attained. On a pullback, there is great support at 2985. Stops would be placed directly below that.
It may take one more pullback, but the breakout point is currently 3250. Buying the breakout would put the stops just below. With a tight triangle like this the 4250 target could be quickly attained. On a pullback, there is great support at 2985. Stops would be placed directly below that.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment