Tuesday, May 26, 2009
What Chart Pattern?
Have we just completed the head of a reverse Head and Shoulders pattern? Could this be the left shoulder of a reverse H&S pattern? Is this the left side of a W pattern? Or, could this be a V Bottom? One thing is for sure, the trend is still down! The Moose stays cash for another week and RedDirt is mostly cash for another week. I'm seriously thinking of buying SH with a stop just below $65.21..........I'm still searching for some growth stocks since they seem to be undervalued when compared to the value stocks. Looks like TechGrowth would be the best bet for now! Following Gary from Between the Hedges for some good IDEAS. Good Luck with all your trades and thanks for stopping by!
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