Sunday, October 08, 2006

Phileo's Pattern Ideas for Monday

I've done a pseudo-random scan for stocks that match the chart patterns that I've discussed recently, and came up with the following:

COGN - potential dummy trade setup on the daily chart.
MNT - potential hammer reversal pattern showing up.
UTSI - inside bar after first thrust breakout.
THQI - potential hammer reversal pattern; watch peers (ATVI, ERTS, TTWO) for sector trends.
RFMD - potential pullback pattern; watch for the pullback to reverse.
WTSLA - retail apparel sector currently strong, choppy support@6
SYMC - potential bounce off the 20d EMA

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