Upon a break to the upside out of this triangle we will initiate long positions with a stop just a few ticks below the neckline.
Keep a close eye on this one as it has minimum potential to $46 and could do that in a hurry!
Monday, February 4, 2008
CSC - Trigger Point
CSC remains above the neckline on the inverted head and shoulders and has also traced out a very nice symetrical triangle on the hourly chart.
Upon a break to the upside out of this triangle we will initiate long positions with a stop just a few ticks below the neckline.
Keep a close eye on this one as it has minimum potential to $46 and could do that in a hurry!
Upon a break to the upside out of this triangle we will initiate long positions with a stop just a few ticks below the neckline.
Keep a close eye on this one as it has minimum potential to $46 and could do that in a hurry!
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