Sunday, October 7, 2007

BREAKING 2 LR30


Powerful uptrending stocks start out by breaking the 2nd standard deviation of LR30 shown on top. This makes my watchlist. I will not chase it here but would wait for the development of the SBU from middle window. The high here is $29.10 which will be my entry once the SBU gets started. I will initiate the buy once a candle looks doji. Hopefully it will be followed by a bullish kicker as in SID.

GRMN and BX are on my current watchlist.

No comments: