
The trading diary of Paul J. Singh. I trade full-time and empower traders by making the complex simple. I can be contacted at SinghJD1@aol.com
Tuesday, April 29, 2008
Today's Breakout: MA
The street must have liked MA's earnings results. This is one of the few stocks that has defied my volume analysis. Stocks floating up on poor volume are usually setup for a fall, especially around earnings. Think POT for a good example of this. MA is now on my breakout-pullback watchlist.

Labels:
break out,
breakout-pullback,
volume pattern,
watchlist
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment