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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