diagonal
spacer

SLW Breakout

I posted the SLW chart a few weeks ago. It has now broken out of the ascending triangle formation and is in play.

SLW_breakout_11_29.GIF

I like the high volume breakout and the clean retracement to the triangle, and the subsequent bounce off the support. I’ve added SLW to my watchlist for tomorrow, as a potential long candidate. The markets have been bearish this week, however, so be careful.

Thanks for the birthday wishes.



5 Responses to “SLW Breakout”


By Anonymous on November 30th, 2005 at 1:15 am

happy bday bro

By Rob on November 30th, 2005 at 7:04 pm

Happy belated birthday Johns. My daughter’s birthday was yesterday too. I hope you had a good one.

By Thomas on November 30th, 2005 at 11:12 pm

Happy Birthday!

By Anonymous on December 1st, 2005 at 2:47 am

happy birthday. love the blog, btw.

By a on December 7th, 2005 at 3:32 am

happy belated bday. keep up the great work

Leave a Comment


Comments: