7.11.2009

Patience pays off...

I posted the RZ chart a while back, and expected a nice move up. You can see the trendline needed to break to confirm the move.

However, instead of moving up, RZ made a few false break-outs.



The patience to wait for the move up, and sustain the move higher, could have saved you from a bad trade. On the flip side, the savvy trader can see the weakness in this solar stock, and anticipate a break down in stock price.

tb

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