Thursday, June 26, 2008

Would you buy this stock?

 I've intentionally left off the symbol and the price axis so the chart can be evaluated on it's very own merits.
I see an excellent long candidate that is just now breaking out for the fourth or fifth time in the past few months.  Look at how it is breaking out of the horizontal channel of the past two weeks.

Below are a series of charts, same underlying, different perspectives, all seeming to confirm the breakout Buy on the chart above. 

I've left the symbols, descriptions and prices on these next charts.

Is it still a Buy?

Of course it is.


No comments: