http://stockcharts.com/education/ChartAnalysis/ good info on patterns if anyone´s interested, I go there whenever I´ve missed something or is uncertain of something...
Through bar 10 Anthony edit Oops, I anticipated the point three on this chart - it hasn't appeared yet on my green channel.
Has anyone tried trading on upgrade news before the market opens? Almost without fail a stock will rise a significant amount fromt the time the news in announced till the market opens. This would seem to be a sure fire way to make money. Any thoughts?
Trading log attached. Net: -.25 That long ride up in the afternoon was nice - too bad I was too chicken of getting stuck at a top! Anthony
I watched this afternoon from the sidelines too -- I missed the start of the trend and from that point forward I was concerned about entering at the top. Each time it ran up higher I scolded myself for not entering, but thought the rise must end soon. +1.0