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A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.

Thursday, May 21, 2009

TGT


HUGE Head & Shoulders pattern on Target. Short with a stop at $43.25. And you can bet I'll be looking 3-6 months out for Puts at the $25 level.

COST is another one to watch with a similar topping reversal pattern potentially forming here as well....

For the Web's best interactive charts, please visit http://www.Prophet.Net
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