weekend charting 7-8aug, page-7

  1. 1,361 Posts.
    BCC,

    Back to ground zero.
    Wait for some basing pattern to occur then get on it once shows some sign of uptick (life). Untill then, maybe a bounce off the support levels.

    Photobucket


    PVE,

    Again, I would be waiting for a break above 28c. Then just ride that with tight stops. Until then, it is below historical lows and bearish. I see a massive gap in april 2010 but first things first, get above 28c.

    Photobucket

    Do you guys just fall in love with these kind of stocks? or is there some fundamentals behind them? I like to trade trending stocks and in the direction of the trend. (personal preference though). I prefer to keep trades, trades. Don't be afraid of being stopped. I suppose that comes back to trader vs investor. Forest for the trees. Note, building a house one brick at a time. :)
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.