Wednesday, December 8, 2010

Watchlist - IKAN (long)

Here is a position for the watchlist that is close to breaking out.  Sporting my favorite pattern so I will keep and eye on this one.  I would take the entry after the break of the 150 day moving average just to be on the safe side.  However you do not need to wait if you want to get in when it breaks the resistance line.

IKAN

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