tbtnew

Posted by Val on October 17, 2010 at 5:53am

TBT, daily, using simple moving averages.

Val October 17, 2010 at 6:07am

Kos, that actually looks like a Gartley Sell pattern, no?
Val October 17, 2010 at 6:01am

As you can see from this chart, TBT finally broke above the 50 sma on nice volume. Now I'm looking for input on where to add to my position. Will it fill the gap, from friday? If it breaks the 50, which should now act as support supposedly, do I bail? That's giving up a lot of profit. I had a target of 36-ish to take some off the table. Thoughts?

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