Power of the reaction line transition-TGB

TGB, after the reaction line transition, as shown in the chart, has been up very well.

at 11/02/2009 04:25:00 PM

4 comments:

  1. AnonymousNovember 2, 2009 at 9:24 PM

    goog stuff, tiger, my read is you can buy this stock in last mar when it broke 1.00 and use rougly 0.75 to 0.80 as your stop. please advise. thx as always

    -bokchoy

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  2. TigerNovember 2, 2009 at 10:07 PM

    bokchoy,that's right. When the trap-zone upper boundary is broken out, we should follow in. When the trap-zone lower boundary is broken down, we need to short. However, the ideal entry point is at the lower boundary of the trap-zone box, about 0.75, when you believe the trap-zone will be broken out finally. This will maximize the profits, but need some guts and the "bet". Tiger

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  3. AnonymousNovember 16, 2009 at 12:46 PM

    I bought in @$3.30.Am i wrong?It doesnt seem to move up even after high gold prices.Shd i sell for a loss?

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  4. TigerNovember 16, 2009 at 5:00 PM

    As I mentioned, the best entry price is 0.75. You are far away from it. These post are just for learning the chart setups and chart readings. Not for recommendations. Please read the post more carefully.

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