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Registered User Joined: 10/31/2004 Posts: 12 Location: deerfeild breach Fl.
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any comments on M T N.?
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Registered User Joined: 10/26/2005 Posts: 238
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It is right in the middle of a daily price channel which makes it a high risk entry for me at this time. I would be watching this for a shout entry. AB
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Registered User Joined: 4/18/2005 Posts: 4,090
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it is forming a stochastics divegence... and RSI is divergent... all the red BOP would freak me out.. but I've been coming across allot of charts where it's working in reverse.. last time there was serious red bop on this chart was right att the bottom of the swing.. that could be the case this time.
but it's quite shortable as well. Nearlhy a perfect set up for my short strategy... minus the divergences.
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Registered User Joined: 5/1/2007 Posts: 158
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Ordinarily, MTN would fit my buy patterns - but it just doesn't feel right - or maybe I'm not into skiing, either on snow or with the stock p0rice as slope - actually, now that I look at it, rose too high on the bounce to fit my favorite pattern - the big 'W' - see "It's a Mad, Mad, Mad World" for details.
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