seven wolves

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Breakout and Confirmation by 'realestat'

(2006-11-23 11:58:13) 下一个
http://web.wenxuecity.com/BBSView.php?SubID=finance&MsgID=572423

breakout and confirmed should conbine trend line and harizon line with volume. when market's wave in norrow range, you need also check how far the stock's price to its 10ma,and 50ma. real breakout also need check the 1,3,5,10years and all time high or all time low.
how to buy breakout: most safe way is buy breakout with big volume and pull back to support line to confirm the support line with much smaller volume than breakout day's.
check:dia,qqqq,goog,ba,rut,nyx,cme,aapl,rimm,gs...
play market leader is much safe than smaller stocks when market's trend is clear. and easily to let MM push or pull down the stocks' price. that maens MM need less money power to do the trading...
happy thanksgiving to everyone here and your family.
take care.
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