2waytrading

Double Bottom (Bullish)

Long
BATS:SHLD   VictoryShares Protect America ETF
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1
Last two calls were accurate and even went beyond the target, and hope this goes the same. FYI the company will report Feb 28 2013 This bullish pattern is suggesting the upside move has just begun and has a measured move of 15% and above from today's close. Volume was up too and this security has been very volatile and could remain so next few days and weeks to come. If you decide to take a long position make your stop loss at recent swing low $40 with target price $55. Join us http://www.woowtrading.net

Comments

I also like the fact how the Big Red Bar with Volume on 8th Jan got negated. This looks poised for the upside.
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