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Old 05-20-09, 07:27 AM
likesmoney's Avatar
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Triangle Plays

Could be close to a break out:










This next one tested resistance, pulled back and now has broke through on rising volume.






This next one is more of a Bull Flag instead of a Triangle -- I hope that yo don't mind that I included this chart here.





Happy Trading
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Old 05-20-09, 06:57 PM
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Feed is starting to break out on Strong Volume -- Bullish
The price crossed above the 200 MA yesterday -- Bullish

RSI, CCI, & Stochastics all turned Bullish
MACD Crossover -- Bullish


50 MA is getting close to crossing up through the 200 MA













XIN has been testing the resistance at 2.13 and today closed above it at 2.15 on strong uptick in Volume -- Bullish


RSI, CCI, & Stochastics all turned Bullish

MACD crossover -- Bullish
50 MA is getting close to crossing up through the 200 MA





Happy Trading
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Old 05-21-09, 08:23 PM
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Here are three more pays to consider:





ORS

Has been working this ascending triangle since early April
Today ORS breaks out on convincing volume and the MACD crossover -- Very Bullish












QTM was a stock posted by hikee, previously.
I kept it on a watch list since.
Yesterday there was a MACD crossover - today confirmed the MACD.
Up tick in Volume -- Bullish
Setting Higher Lows and Higher Highs -- Bullish














CNO
Broke above the 3.00 resistance 9 trading days ago and then pulled back
This has been bumping along resistance since then.
Keep this one on a watch list for a possible break out soon.
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