Thursday, March 06, 2014

Raymonds Trade setup

Hi friends,
                    Raymond suggests a nice trade setup,The fall was a nice
consolidated abc structure.
Lets see the chart.
Raymonds Trade setup
From the chart we can see that
the stock had a sharp fall from
315 to 255 and after that
it retraced 61.8% of the fall
and again consolidated and now
again ready to rise back after
making a nice consolidated
abc right now resisting at the
breakout trendline,Once it
breaks out it can shoot towards

Lets see the stock how it performs,This trade setup fails if stock goes below 265.



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