Recommended Reading

Google Search

Charts courtesy of

Thursday, January 17, 2013


Among the leaders in relative volume was CBS, but this was actually a follow on move to a prior breakout, which would put he breakout point lower than the previous high. That only really makes a difference when trying to project a target price: jn this case it hit that target, then dropped to form the dreaded black candle. I suspect this won't be going much higher anytime soon, but could become attractive it it pulls back in to the bottom of the gap.

No comments:

Google Analytics