The Ambitious Trader: Stocks, Trading, Investing..My Ambitions as a Trader and Investor

This is a one way ticket that takes you on a wonderful journey into the vast world that is the stock market through my eyes, my point of view.

Tuesday, January 29, 2008

Chart of the Day: IMAX

I have looked at several hundred charts today and none were set up as well as the IMAX's. This is Grade A technical eye candy for even the hard-core chart reader.



IMAX



Notice the strong, thrust-like bounce off of the 50 day MA. If we weren't in a market correction, IMAX would most likely have been a high, tight flag candidate.

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