ROC broke out yesterday through $74.55 and it is trading at fresh highs. I see a cup and handle pattern with its lowest price around $66. The possible measured move gives me a target of $83 (74.55 – 66 = 8.55 ==> 74.55 + 8,55 = 83.1). I have a position riding in this stock with an ATR trailing stop.
ROC Daily Chart
About Stock Trade Journal
The information in this blog is not investment advice. Please consult a financial advisor before investing. I have been trading stock since the 1990's and survived the .com crash. I am developing software applications to help me trade better and now I am making them available to help other traders.
This blog is also a way to share my experiences and observations in the market.
