I published the following on January 6th: Bullish symmetrical triangle has formed on EHTH... Looks like it will attempt a breakout soon which would bring some really nice upside. If a breakout occurs I expect price to easily climb back up to $90 and anticipate it could go as high as $120. Based on my fundamental analysis I have a $115 price target for EHTH which is reinforced by the indicated chart pattern....
UPDATE on January 20th..... EHTH has finally broken out of the bull symmetrical triangle and is up over 8% on the day... I expect this run up in price to continue and fully expect to reach price target 1 in the very near future.... It will be important to continue watching price action as we approach target 1 level as we may hit some resistance here, however, if we break through this price target I am confident EHTH price will reach the $110's
You obviously didn't know what you were talking about!
LivermoreGrahamDisciple
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@chaiwalaken, Check all my ideas and show me how many I've been wrong on. There is no such thing as perfect analysis or a perfect trading strategy and nobody has ever been completely accurate. Obviously this didn't pan out as anticipated however target 1 was reached before the major drop due to the report from RBC... Would you agree that this was clearly in a symmetrical triangle and it did indeed breakout? Is a breakout of a symmetrical triangle a bullish signal? I also simultaneously had very strong signals from my superguppy and gmma oscillator. Unfortunately for us traders/investors there's no perfect method and you will not be right all the time. Some things are unpredictable but this is a perfect example of why we use stop-losses.