short term trading: week beginning - 19 aug , page-101

  1. 3,654 Posts.
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    Hi freehold, been quite on here today without u

    please find below tips for next week, hopefully I will do better with these!

    HZN TA

    Confirmed Breakout of six month retrace from previous trend high. current trend has been in place since an OCT 2011 low. Solid resistance at .38c from all previous failed attempts to breakout above tha line that go back to 1996. can HZN do it this time? we will soon find out

    No position held

    COF TA

    Confirmed breakout (first week of aug) of a resistance line from the 2007 all time high. Currently resting from that recent move with a completed 50% retrace after a teaser move ast week through the 200DEMA. Currently sits just under that line and looks set to push higher early next week, vacuum (7c gap) to fill when past next resistance at 50c

    No position held
 
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