Saturday, December 27, 2008

Bull market is at the corner after a long bear market in 2008

The stock market is at the turning point

Based on my Bottom Up Pattern, I have identified some stocks are finding bottom and turning uptrend. We buy at the first day of breakout. We set stop loss and let them run for 2-4 weeks. The best way is to follow with daily chart. 

I teach this Bottom Up Pattern and Buy at Support Up Pattern in my private lesson as well as Stop Loss techniques

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Posted on 12/26/2008

Buy at first day for breakout

PLD : 

Breakout on 12/05/2008 , Price close at 4.90

12/26/2008 , Price closed at 13.60

% gain is about 170% in 14 trading days

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MAC  : 

Breakout on 12/08/2008 , Price closed at 14.00

12/26/2008 , Price closed at 20.27

% gain is about 45% in 13 trading days

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HSNI : 

Breakout on 12/12/2008 , Price closed at 2.52

12/26/2008 , Price closed at 6.16

% gain is about 140% in 9 trading days

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LCAPA : 

breakout on 12/24/2008 ,  Price closed at 4.70

12/26/2008 , Price closed at 5.42

% gain is about 15% in 1 trading day

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ALD : 

Breakout on 12/26/2008 Price closed at 2.74 


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