Posted On: 11/02/2013 9:08:02 PM
Post# of 2561
TLFX Daily Chart ~ Another Breakout but Too Much, Too Quickly
TLFX is another stock that a few of us have traded over time. The recent break above the upper channel line resulted in a quick move from .001 to .0025. Once again, almost the entire candle was outside the upper bollie when the stock tapped .0025. Unfortunately, as with most large moves in just a day or two, the profit takers end up selling in rapid order, and the stock retreats. Congrats to those friends who sold for quick 100% to 200% gains this week. Now we wait for the chart and indicators to reset again before entering for another swing trade. If TFLX takes off without us from this level, oh well, we have a few thousand other buses coming by soon.
TLFX is another stock that a few of us have traded over time. The recent break above the upper channel line resulted in a quick move from .001 to .0025. Once again, almost the entire candle was outside the upper bollie when the stock tapped .0025. Unfortunately, as with most large moves in just a day or two, the profit takers end up selling in rapid order, and the stock retreats. Congrats to those friends who sold for quick 100% to 200% gains this week. Now we wait for the chart and indicators to reset again before entering for another swing trade. If TFLX takes off without us from this level, oh well, we have a few thousand other buses coming by soon.
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