Chart of the week
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I invite you to join us. You can start with two week free trial. I am confident that after your two week trial period you will see the fantastic service I am providing. The GOLD membership is most popular membership level and compared with other services I am confident that the price and value of my membership is the best on the web.
On the site (www.ivicatradingcharts.com ) you can see free trial link and join us.
If you will have any problem please feel free to contact me.
Date: 06/29/2009
Symbol: JAKK
Company Profile: JAKKS Pacific, Inc. develops, produces, and markets consumer products worldwide.
Sector: Consumer Goods
Industry: Toys & Games
TRADING PLAN
Entry price: 13.40
Stop price: 12.75
Target area: 15-16 area
Chart explanation: JAKK closed above weekly 20sma and look ready for bounce. That is what I like on JAKK weekly chart. Ideal will be if we will see few days consolidation on the daily chart first, and in that case I will use smaller stop. For now it is under 200sma 60 min. It will be important to see pace and volume after setup and also it is important to follow market action and compare it with JAKK action.
If anyone have any question or need update feel contact me over email or in the live trading room.
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