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05/29/09
Warning Signs That Breakout Is Faltering
Filed under: General, Finance
Posted by: Lillian Wong @ 5:04 pm

Finding a good base can be tough. Even when you do, its breakout might not work. If you can’t spot a bad breakout, you’ll end up taking far more 7% or 8% losses than profitable trades. Three warning signs can tell you if a breakout is faltering. If any of the three happen, it’s OK to at least consider selling quickly — even before losses reach 7%. Or, you could walk away with a small profit rather than risk a loss.  more…


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