Stock pick for 01/09/2012
HRS - long
Technical view: On the daily chart we can see third try triangle pattern. I like that pattern, but lately we saw many false breakouts on third try and then strong reversal. Because of that I will use intraday consolidation (15 min time frame) what will be reasonable risk for reward possibility. Since I will use intraday action for trading plan, conclusion is that HRD can be good for day and swing traders. With intraday trading plan I will look for swing reward.
Nema komentara:
Objavi komentar