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X Megaphone topping pattern

Posted by evanlaz on 25th of Mar 2010 at 11:57 am

Look for a low risk entry for a short trade against the upper rising trend line.  Would be a great trade opportunity on a gap up tomorrow.  Keep an eye on this pattern.

BIDU ending diagonal?

Posted by evanlaz on 25th of Mar 2010 at 08:17 am

looks like the spike to 630 last week could have been the wave 3 spike and this recent run a truncated 5th wave.  Stock is very slippery so trade with caution but seems to fit the parameters as of now.

 

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