Ascending Triangles 1/20

By Johns Wu on Jan 19, 2006

The markets showed a lot of strength today after experiencing a harsh retrace from the rally we had at the beginning of this month. I’m a bull trader and I trade only in bull markets, so here are some ascending triangle breakouts.

CCI - Crown Castle International Corp
FCFS - First Cash Financial Services Inc
CKP - Checkpoint Systems Inc

The picks are pretty self explanatory. I didn’t like the selloff in todays markets late afternoon, but I will be watching carefully for clues on whether the markets will trend strongly or not. By the way, check out The Bull Trader Hedge Fund. Now accepting deposits.

This entry was posted on Thursday, January 19th, 2006 at 3:34 pm and is filed under Watchlists. You can skip to the end and leave a response. Pinging is currently not allowed.