업데이트됨

Breakout of Channel pattern

The stock BO'd yesterday with good volumes..the only concern is that this stock has sporadic momentum ( see green volume bars highlighted by arrows), although of late it has had some good sessions...targets marked. Trade cautiously. This is not a recommendation, just an idea

노트

Since the time that this chart was posted the stock has moved 32%...which is huge...good example of trading based on chart patterns without considering fundamentals ( i meet people who say that only chart patterns don't work!!!) and on the other hand there are traders who call themselves techno-fundamentalists..so they consider both ...of course the fundamentals of this company are quite poor.

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