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Marks & Spencer

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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
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12 years 4 months ago #8222 by deadcatb0unce
Replied by deadcatb0unce on topic Marks & Spencer
still looking bullish??

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12 years 5 months ago #7813 by ronnie
Replied by ronnie on topic Marks & Spencer
Looks like this has broken out from the point mentioned in below post on the 5th.

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12 years 5 months ago #7735 by ronnie
Replied by ronnie on topic Marks & Spencer
This is hovering round resistance and trying to break through, one to watch for breakout.

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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
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 . :evil: :evil:
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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