Monday, February 11, 2008

Charts are starting to look good

Here is a swing trade that I put on today. I picked up Gold Fields (GFI) in the morning for 13.32.
Here is a break out that I nearly bought last month. The break out failed and came back down to the lower level of the base. Friday, CHDX broke out again. This time it held and even followed through today. This type of action bodes well for the market.

SMTS is another chart that keeps popping up on my screen. I put in an order today but missed the buy. I'll look to buy on a pull back to the 50 day average.

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