Thursday, March 12, 2009

Bullish chart patterns

UN looks to have thrown out a morning star doji which is bullish.  I took a couple bucks off this bad boy going short last month and have been following it for another short entry.  Now, it looks like it may be reversing.

CY has had a pretty ascending triangle for several weeks and looks to have finally broken through the upside resistance.  This one could run.

FCX has been my baby.  Classic ascending triangle with a breakout above resistance with the third try... now it's off to the races.  There really is no more resistance until $40, and that's pretty weak.  This has seen triple digits just last year.  I took some profits, but will add it back on any pull-backs below the middle regression line.

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