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Marks & Spencer
12 years 4 months ago #8226
by remo
Replied by remo on topic Marks & Spencer
This one has now gapped down below the trend line
So the bulls have lost for the time being.
This looks like its in the correction phase so you need to look at the fibs for support.
dl.dropboxusercontent.com/u/4899609/mks8thoct.png
This looks like its in the correction phase so you need to look at the fibs for support.
dl.dropboxusercontent.com/u/4899609/mks8thoct.png
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12 years 4 months ago #8222
by deadcatb0unce
Replied by deadcatb0unce on topic Marks & Spencer
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12 years 5 months ago #7813
by ronnie
Replied by ronnie on topic Marks & Spencer
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12 years 5 months ago #7735
by ronnie
Replied by ronnie on topic Marks & Spencer
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12 years 9 months ago - 12 years 9 months ago #6209
by WaveSurfer
Replied by WaveSurfer on topic Marks & Spencer
Remo - absolutely agree - one of the most simplistic methods to adopt yet very effective & rewarding.
54 sweet spot
54 sweet spot
Last edit: 12 years 9 months ago by WaveSurfer.
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12 years 9 months ago #6208
by remo
Replied by remo on topic Marks & Spencer
This shows clearly the power of a trading range break.

This hit the target on friday and thats when i closed this trade based on the order.
This is the formation that people should look out for. Very reliable .

Trading range plays are one of my favorite methods.

This hit the target on friday and thats when i closed this trade based on the order.
This is the formation that people should look out for. Very reliable .
Trading range plays are one of my favorite methods.
remo wrote: This broke out of the trading range . The trading range is 50 points long so a target of 450.
The first hurdle is below that level at 432. This should be the first target as its strong resistance.
Another one from the interesting chart section(15thapril)![]()
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