May
21
CLDN: Celadon Group, Inc
May 21, 2008 | Leave a Comment
The pic on the left is a weekly chart of CLDN. CLDN has formed an ascending triangle that is getting down to the do or die area on both the weekly and daily charts.
.
.
.
This is the daily chart. Both charts have resistance looming around $11 – $11.50.
.
.
.
On a strong push through resistance around $11.50 i would buy and ride to the 14 mark if it goes up.
Blogroll
- Break Outs - A collection of posts from blogs I read that consistently perform well.
- Ron Walker - Rob Walker is a pattern trader with amazing youtube screen casts.
- StockCharts.com - Chart of $INDU configured the way I like it.
- The Bull Trader - Technical analysis blog run by an good group of guys.