Chart of the week
Date: 11/30/2009
Symbol: WOOF
Company Profile: VCA Antech, Inc. operates as an animal healthcare services company in the United States and Canada. The company offers veterinary services and diagnostic testing to support veterinary care; and sells diagnostic imaging equipment, and other medical technology products and related services to the veterinary market.
Sector: Services
Industry: Personal Services
TRADING PLAN
Entry price: short under 22.75
Stop price: stop above 23.75
Target: 20 - 18 areas
Chart explanation: I’m looking for market weekly/monthly correction and WOOF is in same line. After weekly consolidation I’m looking for selling continuation and setup under $22.75. Stop will be above previous daily high ($23.75) and at that point weekly pattern wont be valid any more.
If anyone have any question or need update feel contact me over email or in the live trading room.
Wish you all good trading!!!
Kind regards
Ivica
http://www.ivicatradingcharts.com/
Date: 11/30/2009
Symbol: WOOF
Company Profile: VCA Antech, Inc. operates as an animal healthcare services company in the United States and Canada. The company offers veterinary services and diagnostic testing to support veterinary care; and sells diagnostic imaging equipment, and other medical technology products and related services to the veterinary market.
Sector: Services
Industry: Personal Services
TRADING PLAN
Entry price: short under 22.75
Stop price: stop above 23.75
Target: 20 - 18 areas
Chart explanation: I’m looking for market weekly/monthly correction and WOOF is in same line. After weekly consolidation I’m looking for selling continuation and setup under $22.75. Stop will be above previous daily high ($23.75) and at that point weekly pattern wont be valid any more.
If anyone have any question or need update feel contact me over email or in the live trading room.
Wish you all good trading!!!
Kind regards
Ivica
http://www.ivicatradingcharts.com/
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