Blow Off Top or Stock on Sale (ZNH stock chart)

By Brett Goldstein on Oct 01, 2007

I really wish I found out about these stocks back in January. Well usually what seems to high goes higher and what seems to expensive is usually too cheap. The surge of volume with the all time high looks like a blow off top to me. I am neither going to go long or short at the moment, but I would lean to the short side if forced to pick one. Keep this on your watch list, if it starts to make a new high in a few months from now then jump on in.

This entry was posted on Monday, October 1st, 2007 at 5:03 pm and is filed under Annotated Analysis. You can skip to the end and leave a response. Pinging is currently not allowed.

6 Responses to “Blow Off Top or Stock on Sale (ZNH stock chart)”

By Amir on October 2nd, 2007 at 11:59 pm

If you dont mind, give me some details of what a blow off top should look like and how to read them or maybe post a link. thanx

By YourTradingStock on October 4th, 2007 at 9:15 am

I’m getting ready to remount over today’s high of 70.

By Amy on October 5th, 2007 at 5:00 am

Thanks for the info. I’ll keep it on my watch list.

By Elizabeth Pogue on December 20th, 2007 at 2:11 pm

This is another example of perfect. This stock has been climbing for 6 months with definate trends up and down. WIzetrade caught this fish for me.

By Patrick Louis on January 4th, 2008 at 1:42 pm

This stock has reached it’s peaked for a while. I anticipate it will go back down to 70, and slowly come back up. WIzetrade says to be careful and use a stop-loss.

By Jesse Sanchez on January 11th, 2008 at 2:24 pm

This stock is pretty awesome. Especially for the extended, conservative trader. It has really good 1-week longevity. If you’re primarily a day trader. You can hold on to this stock without looking at it for a few days; and not worry about losing your ass, the next morning. You just gotta pay attention to the spikes.

Name

Website:

Comments: