My favorite UPM. Lazy lousy stock... but one of my favorite for months now (including another questionable favorite UW). Why? Its very predictable and its giving me regular profit just moving in and out on its up and down movement. I was asked once what's in the chart. Here you'll see it's out of the major downtrendline but slopes down with that trendline inside a downward channel. A new upward trendline is being monitored. Unless a new direction will be created, you can play UPM following those lines. It's easy to be with the play with small volume for it is more predictable and satisfy the itchy fingers you've got there.
Tuesday, November 3, 2009
My favorite UPM
My favorite UPM. Lazy lousy stock... but one of my favorite for months now (including another questionable favorite UW). Why? Its very predictable and its giving me regular profit just moving in and out on its up and down movement. I was asked once what's in the chart. Here you'll see it's out of the major downtrendline but slopes down with that trendline inside a downward channel. A new upward trendline is being monitored. Unless a new direction will be created, you can play UPM following those lines. It's easy to be with the play with small volume for it is more predictable and satisfy the itchy fingers you've got there.
Subscribe to:
Posts (Atom)