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Charts Make Trading Easy
Posted by Stock Online Trader on October 22, 2008 in Technical Analysis
Yesterday i was short EBS. With a big run-up, it was time for some consolidation. EBS chart tells the story. I covered at 16.50$ taking 1.5$ gain or 8.3% returns in 1 day. Again and again charts have provided excellent insight on the movement of the stock. Few factors that caused the drop- overbought indicators, [...]