Monday, November 23, 2009

Where to sell CBAI and where to buy it back?

Buy targets established
Sell Targets established



Remember, you only use the fibonacci levels that either have obvious support, or strong resistance. Most resistances get tested before they fail so don't worry about having to be accurate. The point isn't to "know" where the stock is going. The point is to have pre-defined entries and exists *ONCE THE TREND HAS BEEN ESTABLISHED*
Never buy and sit on something while its sideways. Fibonacci won't hold a price if it's going to 0

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