Disclaimer: This is a legal notice. Please read it carefully in its entirety. It is your responsibility to understand this notice. If you do not understand it, please seek the assistance of a competent advisor.The content in Trend Follower is for educational purpose only. This is not a recommendation to buy or sell any security and no information contained here should be interpreted or construed as investment advice. My opinion is subject to change without notice. Trend Follower will not accept any responsibility or be liable for any investment decisions based on the information discussed here.

Tuesday, May 3, 2011

CEB 3 White Soldiers


I posted a buy for CEB last April 23, Saturday at 79.95, this is what trend following is all about, the  price does not matter as long as it goes up and you have a plan before you buy. The best thing about it, no waiting time and hoping.

Bullish Three White Soldiers Pattern is indicative of a strong reversal in the market. It is characterized by three long candlesticks stepping upward like a staircase. The opening of each day is slightly lower than previous close rallying then to a short term high.
http://www.candlesticker.com/Cs63.asp
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