Wednesday, August 22, 2007

Low risk entry point for Metalink (MTLK)

I mentioned that MTLK is coming into strong support and, despite my bearish outlook, I'm looking to buy.
I like to use Tom O'Brien's methods as well as Tom DeMark's. I especially like it when they both line up together. MTLK is coming into a TDST support line, which matches up nicely with a Tom O'Brien swing point. Check out the charts.

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