Wednesday, April 30, 2008

IPI - Intrepid Potash - Cup & Handle

Great way to start the day. I've said basically everything I have to on the chart.



Be sure to take a look at MOS (Mosaic) and MON (Monsanto) on the same time frames (2-3 days x 5 minute bars. Take a look at how MON gaps up and starts to move ahead of the Ag sector and then compare the charts of MOS & IPI (especially the location of the handle and the volume).

2 comments:

Hi i like your blog a lot, i added you to my blog roll,could you please add me to yours. Thank you.Very nice trade by the way.

Done.

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