The Faraj List of Exploding Stocks-Part 6.07


melfaraj - Tue, 02 Jan 07 :

sandy, ckn, transport

good company. however what it did throughot 2006 was to range although the channel is not quite flat. the stock did break off that range towards the latter part of the year and rose strongly only to take a dive.

very lately has risen from the support of its channel.

unless you aim to trade it very short term, the wide channel allied to tight spreads would allows this mode of trading, then you should wait for a breakout, from the current 900p level, and hope that such a breakout would be followed by further rises






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