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Monday
Aug242009

« Update (3): Financials Breakout After 3-mo. Consolidation »

The following is another updated look at the setups that were highlighted in the August 3rd post "Financials Attempting to Breakout After 3-mo. Consolidation." (They are no long attempting a breakout; a full blown breakout has taken place.)

Over the intervening 3 weeks or so, the financial stocks have chopped around a fair amount, but have moving in an upward trend. While all of the setups have pulled off decent gains over the period, a couple have shown pretty outstanding gains that traders who participated in the setups would be quite pleased with.

 

 

 

 

 

Have a good trading week!