hiatus

Would You Buy This Breakout?

0 Comments Published May 1st, 2007 in Technical Analysis, Wordpress

Take a look at this chart:

would you go long this breakout.png

Nice long basing action… a decisive breakout, stair stepping pauses as the rise is digested. Would you go long? Why or why not?

What you’re looking at are my feedburner RSS stats!

What confounds me is how it actually increased during my hiatus. Maybe I should take more time off from blogging

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Recent Comments

PAUL MONTGOMERY : Glad I asked the question Babak - your link explains everything really well thanks. Was cumulative…
Babak : James, here’s today’s commentary on this from Rosenberg: Negative Interest Rates? That is indeed what occurred yesterday…
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Babak : oops, thanks for catching that Wayne…
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jerome : Dollar carry trsde unwind, negative short T Bond interest rates, % from 200 day moving…
Dspurr624 : Supply and Demand moves prices, creates trends etc. If it were as easy as…