Tuesday, May 22, 2007

SRF:Breakout from congestion






SRF, Analysis Date:5/22/2007
Close/cmp:169.65
Swing : Up=Buy ( 10.000% sensitivity)
T1:171.949 T2:184.604
T3:205.253 1xR:190.7
ImpulseTargetZone:217.909-238.557
SwingHigh:171.0 CMP:169.6
SwingLow:140.1 SLPivot:151.3
2xAtr14Stop:16.5145
Narrowsl:151.30
WideSl:139.09
TrailingSL:157.15
Pt1=171
Pt2=151.3
Lower Chan:156.145 Upper Chan:184.309
ResLine:190.494

If trading the breakout you want to see momentum above 171
if prices get back under 166 something might be wrong.

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