Wednesday, June 18, 2008

GS setup and JRCC


I've noticed this pattern before. A price spike prints, the stock pullsback a bit, and then the price travels to the high of the price spike. An interesting setup you may notice from time to time.


JRCC keeps going. Unbelievable run the last 2 weeks.


I saw the 2 key sectors setting up for a breakout to the upside, Oil weakening, and I got buy signals on all 3 charts. A good long setup on financials.


10 more of these days and I might be able to make as much as Stewie makes in a day.

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