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8.13.2011

200 weekly moving avg...


Ah, the 200 weekly moving avg... no blog, that I am aware of, talks about this moving average as much as I do...everyone spends their time on daily and hourly charts... anyway, glad to see the 200 wma do its job..

So, I stumbled across a stock this weekend, that I think can move up big from here, and in a hurry..I like it so much, I am going to buy it this week in my 401k, perhaps as early as monday morning. Hopefully a lower open will make it easier for me to get in at a better price... the chart shows the first of a double bottom is being put in place right here. This is after 3 years of down trends...it's a low risk entry, for 20% upside in 2-3 weeks.

If your are interested, let me know and I will send you the chart...

tb

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