Only required ingredient for the base and break pattern is a little bit of patience.
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If a stock really, truly wants to run, it will provide a second chance. I caught FD on the second chance. The only problem I had with FD was that I couldn't press my advantage with bigger position size because I still have other positions open.
UPDATE: sold FD @45.34 just after 1130A (PST)
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Monday, March 12, 2007
Base and Break Works
Posted by Phileo at 11:20 AM PermaLink This!
Labels: Pattern Catalog, victories
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