Sunday, February 20, 2011

Follow up to how I find long ideas in picture...

This is a quick follow up to this post, How I find long ideas in picture... , earlier this month. The stock I had used as the example was BIDU. Below shows how it unfolded and how you could have traded it profitably:



This is a very simple set up and forms the back bone of my trading strategy. Another recent example of a large cap growth stock setting up like is $NFLX.

Hope you find this useful. Good luck and good trading!

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