Thursday, May 10, 2007

Technical Trade Idea - Monster Worldwide, Inc. (Public, NASDAQ:MNST) Flag Pole

Click on chart to enlarge

4 comments:

Anonymous said...

Hi Jamie,

ICE seems to have a similar pattern, though not as tight as the one in MNST.

ADD Trader

TJ said...

Thanks ADD,

I see a nice flag pole on the 15 minute timeframe for ICE. The MNST chart is a daily timeframe.

Anonymous said...

I also have MNST as a breakout/pull back candidate! If it shows heavy buying today, when will you purchase? End of day? Or based on intraday charts?

TJ said...

Intraday charts. I might hold a partial overnight if it closes on its high of the day.