Wednesday, October 10, 2007

Index/ETF Chart Analysis and updates.


Alex said...

Just to clarify; a Holy Grail setup is just a stock that's in a trend and pulls back into support (i.e. 20 ema, trendline, etc.)? Also what are your thoughts on RIMM for tomorrow? Seems to be flagging here. Thank you.

Time Is Money said...

hi alex.
RIMM looks good. could use some time to digest the recent gains but it really could pop at any time. A holy grail is a setup that sets up when a stock in a strong trend pulls to test it's 20 EMA only. Usually the first test or two of the 20 EMA are the most successful and have a very high likelihood of working.

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