ChartsView - Stock Trading Community

Johnson Matthey

More
12 years 9 months ago #6210 by remo
Replied by remo on topic Johnson Matthey
This shows the power of a diamond formation.
This was also mentioned in the interesting chart section a while back. ;) ;)
You can see how well this played out.
I actually mentioned this way before the formation broke out so as people can see
how the pattern develops. This is what people should be learning . You need to spot the patterns developing early so that you can profit from them. ;) ;) ;)
I wonder how many profited from this formation?????? ;) ;) ;) ;) ;) :P :P :P :P


The following user(s) said Thank You: on greenhill

Please Log in or Create an account to join the conversation.

More
12 years 11 months ago #4754 by remo
Replied by remo on topic Johnson Matthey
This broke out of the short term trend line today. This looks like its heading towards the top of the diamond formation. These formation takes ages to form but are worth trading as the rewards can be high.

The following user(s) said Thank You: redchilly

Please Log in or Create an account to join the conversation.

More
12 years 11 months ago #4746 by redchilly
Replied by redchilly on topic Johnson Matthey
SL moved to profit and below yesterday's low + its a free trade now
This has closed above the 200 DMA so I'm hoping for an upside breakout of the triangle
The following user(s) said Thank You: remo

Please Log in or Create an account to join the conversation.

More
12 years 11 months ago #4613 by redchilly
Replied by redchilly on topic Johnson Matthey
Long position opened yesterday @ 2287.4 with a 50 point stop
The following user(s) said Thank You: ronnie, remo

Please Log in or Create an account to join the conversation.

More
12 years 11 months ago #4612 by remo
Replied by remo on topic Johnson Matthey
Hi redchilly
Im a moderator and i dont have access to that file...very strange...Its doing my head in... :woohoo: :woohoo: :woohoo:
Its telling me access denied ... Its actually my fault as i tried to move it with the rest of the jmat posts and for some odd reason ive lost the lot....dohhhh

If you can repost it that would be great mate thanks and sorry for messing it all up...dohhhh

Please Log in or Create an account to join the conversation.

More
12 years 11 months ago #4611 by redchilly
Replied by redchilly on topic Johnson Matthey
no worries remo if you cant find it i will post it again

Please Log in or Create an account to join the conversation.

Moderators: remo
Time to create page: 0.111 seconds
Powered by Kunena Forum