Monday, December 28, 2009

Creative breakout

Creative has broken out on higher volumes again from a pennant pattern on high volumes.
It is also reversing from it 23.6 - 38.2% weekly Fib.

My trade:
Trend: Up
Size: 400 shares.
EP: 6.58
SL: 5.58
TP1: 7.58
TP2: 9.58
Potential Loss: $400
Potential Profit: $800


May the ticks be with me!

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