High & Tight Bull Flag
Friday, March 12, 2010 at 12:51 am
Here is one of my favorite technical setups, the high and tight bull flag.
Check out this beauty in Valmont Industries, Inc. [[VMI]]
Normally, if the stock can break out of this flag pattern the stock has a high probability of exploding to the upside. I’m a buyer on strength for a trade.
We have a bunch of great technical setups inside The PPT tonight, Scott even has one on his site. Be sure to check out his new premium service, it’s free for 7 days, what are you waiting for.
To minimize the chances of a fakeout, where would you enter VMI? Do you go in right above Wednesday’s high of 82.83 or wait until it clears 84?
Po, Volume, Volume, Volume.
Closed above $82.85, wait for volume to come in, then buy.
RC regarding CCME, Announce 2009 Fourth Quarter Results and Conduct a Conference Call on Tuesday, March 23rd….I bought a little of the dip today, its down about 7% in about a week…as spec / earning play
http://finance.yahoo.com/news/China-MediaExpress-Holdings-bw-3087970854.html?x=0&.v=1
I will play too. I will buy half now, and if it drops I will by the other half. I like the company.
WEMU rolls on to the Elite 8 with a stellar performance this week. Never in my wildest dreams did I think I would get this far.
WEMU! That POS didn’t even trade 6k shares today.
Talk about dodging flying blades of death….
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Oh I’m sorry, was there a rule saying a stock had to trade a certain volume in order to be eligible? Must have missed that one.
I’m one “Nasdaq approved listing” announcement away from making minced meat out of all you suckas.
Finally, one man’s “dodging flying blades of death” is another man’s 25% win for the week. Sayin’.
That POS didn’t even trade 6k shares today.
Traded 6,052 shares actually. We appreciate the attention you are giving to our unheralded squad.
Brink on the Kreppa Krunk! Bring on dah noyze!
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Hold on to your LED’s, JG!
There was nice consolidation this week in SNDK, ready for EXPLOSION next week. Whilst CREE looks due for a pull-back. Bring it on, Indeud…..!
I have no worries.
SNDK is “le disappointmente eternale.”
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elle a besoin de l’excitation seulement hebdomadaire!
So sorry– I only speak “la Francaise faque.”
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In that case, I must la’ Faque your fuckin face off in the next Le faquen round, mahther fauquer…!
I must admit, your new av doeslook like a crazy Quebecois, but I still think I liked your old “Nosferatu” avatar better.
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I think the safest bet for the remainder of the tourney is EVERYONE is going to be pulling against CREE. You would be even more obnoxious than usual(if that’s possible) if CREE goes all the way.
Great finish this week in the Sweet Sixteen, a lot of close games. PoPimp does it again, and Jake pulls out the win over iBC’s Chart Addict.
I’ll be updating the brackets soon, elite eight here we come.
LOL.
I only hope I can compete against your bogus-ass low float POS.
You live by the bitch-ass crank, you die in the elevator shaft.
And yes, next year, we’re getting volume and price limits, so these lucky fugsticks don’t have the ability to knock out more weurthy (sic) gentlemens.
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