One other observation on FMCN: looking at the watch list
completed trades for the past month or two, it looks like these
stocks with a pattern of horiz. resistance are not panning out
well. I don't know if it's the bear market or a random bad
stretch, but it is not a profitable pattern of late.
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FMCN
FMCN - Port. Holding
Posted by iufan20 on 25th of Aug 2008 at 02:21 pm
One other observation on FMCN: looking at the watch list completed trades for the past month or two, it looks like these stocks with a pattern of horiz. resistance are not panning out well. I don't know if it's the bear market or a random bad stretch, but it is not a profitable pattern of late.