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Chart Forum » Chart Patterns » Pick a Flag

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stoploss
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Username: stoploss

Post Number: 232
Registered: 03-2004

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Sunday, December 04, 2005 - 08:47 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Dear IC Traders,

apart from drawing your attention to possible trading opportunities I thought I check what and how other traders see short term patterns. I do not use indicators so please keep them out of your comments unless they are specially relevant

Below I posted 4 stocks which show short term consolidation patterns ..flag..rectangle.:

AQD WTE CAZ IBA

They have different possible percentage gains. For instance the AQD flag is 22c or over 50% on entry price but retraced past the 50% level.

IBA is a 8c flag less then 10% potential gain but only retraced 38.2%. Feels more of a sure thing.

Some have better volume than others. Try to rank them or how would you allocate $50,000 across them if at all.

Have some fun.

SL











..then again..I could be totally wrong. So use your own brain and let me know what it brought up.

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