|
Click dates for prior posts.
[Archives, prior months.]
Search entries:
Give your trading a boost:
FibMaster live workshop
& chat!
Live webinars
lessons & seminars.
Video seminars & lessons.
See what other traders say about FibMaster.
Give a little back:
Give someone a hand.
|
[Previous entry: ""Cal's" lunch time trade turns into a Trade of the Day"] [Main Index] [Next entry: "GOLD Banking 10.7% on the first half"]
02/22/2004 Archived Entry: "Chart Review provides quick profit for ADBE"
click here for ADBE chart
There were two trades for ADBE: conservative or aggressive. If you were conservative you did not get an entry trigger. If you were aggressive, like me, you entered 2/17 EOD at $39.19. Then ADBE did just what Fibmaster cautioned about in last weeks Chart Review--"There is some risk that the $40.25 level may stall the chart again. Aggressive traders should watch the 60-minute or daily chart for an exit trigger if this chart stalls." On 2/19 ADBE initially ran for the 40.25 resistance area then quickly pulled back. That was our signal to look for a cross of the 3x3 on the 60 minute chart to exit. When it did, we exited at $39.50 for a small gain of 31 cents. Once again Fibmaster's outlook was right on target and got us out with a small gain and protected subscribers against losses! (look at INTC post for Chart Review)
Next page, continue.
|
