Thursday, March 20, 2008
Nuts and Bolts of It
Look at the Inverse Head & Shoulders pattern on Fastenal Co. (FAST). According to the pattern it should move up to $55 in the next 5 months. Terrific volume confirmation with the MACD lows moving higher gives great confidence in this trade.
Labels:
investing,
investment groups,
Recession,
Relative Strength,
retirement,
stocks,
trade,
traders
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