Friday, February 3, 2012

Setups for Friday, February 3, 2012

A chart setup displayed on this blog back on January 16, and then mentioned again on January 26 was CETV.  Yesterday the stock broke through previous resistance and jumped over 10%, and is now up over 22% from the original trigger price.  These patterns repeat over and over again so here's a review of that falling wedge setup.  

Click on charts to enlarge.




Here's a small list of chart setups below are stocks priced under $10 with an average trading volume 200K shares and above.  Also watch the solar stocks today for further possible gains: TAN, LDK, JKS, WFR, etc.

ALWAYS use stops to protect from big losses.  Click on charts to enlarge view.






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