OPTIONS

Friday, June 15, 2007

Stock Watch : CG Ready To Break Out?

CG has been forming an ascending triangle lately. Look at the recent price action. Seems like it’s ready to break out soon? Just watch out. :)
As for me, I prefer to wait for a pullback after the breakout happens.

2 comments:

AJ said...

So, what's your opinion on this? Pullback or failed breakout? :)
AJ.

OPTIONS TRADING BEGINNER said...

Hi AJ,

Thanks for your comment.
It's definitely not a pullback. :-)
Btw, I've posted an update for this. Check it out.

Cheers