RE: US Stocks - Watchlist and Discussion (Premium)
(2015-05-29, 07:30 PM)shaunattwood Wrote: RPTP is doing a continuation breakout
I'd argue that it's actually making a new attempt a Stage 2A breakout, as the first one failed, but it's semantics really, as either way it's attempting to breakout into Stage 2. Volume isn't going to make the two times weekly requirement though, and volume is quite weak today on the breakout, so would need to see some volume follow through next week. But has a good one year long Stage 1 base, so has some potential if it does breakout, as will have worked off old resistance.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.