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MA - Resting as it Creates a High Level Channel

by Dan Zanger - Apr 10, 2007

Plenty of rest is taking place on this prior big mover as it creates this high level channel. No need to own this stock now as it surfs back and forth in this channel. I would consider this prior selection when it clears the upper trendline at $113 on heavy volume.

 Previous Chart Pattern Alerts:    RIMM   AAPL   AAPL   ATI   GROW   RIMM   SHLD   SPX   RIMM   BDC   ICE   CRE   SNDK   GOOG   GOOG   SNDK   LEND   DRQ   AKAM OIH   SU   DO   BIDU   AAPL   DO   OIH   CELG   AAPL  

Good trading,

Dan Zanger - Founder of ChartPattern

P.S.- Oh, in case you didn't know... I'm giving away a 3 week FREE trial of my Chartpatterns service. I'm giving you a free trial because I sincerely believe that you won't be disappointed. And just so you know a bit more about me I've been featured in Forbes, Stocks & Commodities, Fortune, Traders Magazine, E-Signal (Trading with the Masters), and AIQ (The Opening Bell). For the last 6 years I've achieved a 200% average annual return. Remember, it's FREE for 3 have nothing to lose! » Give it a Shot Now!

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