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04-25-2008, 12:56 AM
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Big Board Stocks - April 25
CDE - this falling wedge didn't pan out, which is why again, confirmation and volume are important before going into these sorts of things. that applies to both pinks and big board stocks
COGO - we've got an ascending triangle here. if we break and start filling the gap, the 200 MA isn't for a good 25% or so. of course, confirmation in the next few days is important - a 3% break with high volume. NYB - ascending triangle here too. NOG and XCO - took profits on the XCO short, still sitting in on the NOG short. trendline wont' be until high $7 to low $8's, depending on how many days this fall is going to take.
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