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Saturday, June 2, 2007

COL: Breakout from Symmetrical Triangle

Okay, I had this stocks a few months back. I thought it was a breakout @ 7.00 at that time the target price is @ 9.50. I got in @ 6.8. I waited and waited and got impatient so when it reached 7.2 I sold the stock. Now, it has been noted that it has breakout from 7.00. Master Bonner saw a symmetrical triangle. I measured the base and got a target price @ 9.00. Well, I don't know if want to take this. But, I will always remember the "Head and Tail" coin activity during our Basic Technical Analysts Session.