Before becoming a Breakpoint Trades subscriber I didnt put much
credence into charts with less than a days timeframe, but after
studying the charts from Matt and Steve and the rest of the members
here day after day I'm a true believer that they work! I
did not get a chance to post this chart before I left work but the
inverse head & shoulders pattern played out
beautifully and then some! Thanks Matt and Steve and
everyone else for all of the educational charts! oh and of
course Zillow posted some strong earnings today which help but the
pattern came first.
Nice trade Morton! Since Z ran up on such strong volume,
look for a potential bull flag to form on a light volume
consolidation.
thanks for the feedback, we are far from perfect, but we work
hard to do the best that we can. and we are
always students of the market, ever learning more over
time
Zillow
Posted by morton13 on 3rd of May 2012 at 12:54 pm
Z 60 min
Before becoming a Breakpoint Trades subscriber I didnt put much credence into charts with less than a days timeframe, but after studying the charts from Matt and Steve and the rest of the members here day after day I'm a true believer that they work! I did not get a chance to post this chart before I left work but the inverse head & shoulders pattern played out beautifully and then some! Thanks Matt and Steve and everyone else for all of the educational charts! oh and of course Zillow posted some strong earnings today which help but the pattern came first.
Nice trade Morton! Since Z
Posted by matt on 3rd of May 2012 at 12:57 pm
Nice trade Morton! Since Z ran up on such strong volume, look for a potential bull flag to form on a light volume consolidation.
thanks for the feedback, we are far from perfect, but we work hard to do the best that we can. and we are always students of the market, ever learning more over time
thanks and I'm out...pigs get fat hogs get slaughtered!
Posted by morton13 on 3rd of May 2012 at 02:04 pm
Z update