$0 Stock Trades. Zecco.com
YourTradingStock.com  

Charts, Stock Picks, and Technical Analysis from an Online Stock Trading Veteran

July 25, 2007

BLOG Base Breakout

Filed under: Online Stock Trading — Online Stock Trading @ 9:45 pm

Trading action today was like watching a monkey on acid. Hey. You can’t complain about the volatility.

The BLOG - BladeLogic ipo gave a trading entry over the long base it formed intraday. This is a fairly basic pattern, but if it works, I’ll use it. I shut down esignal, and really don’t feel like checking, but the base had a risk of .35 I believe. Buy the break above, with a stop below the base. I need to add this to the trading patterns area still, with a few other charts.

blog-072507.jpg

Leave a Reply