TLT testing key short-term support.

by Chris Kimble | Apr 3, 2011 | Kimble Charting

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TLT has rallied off of support and broke above its falling wedge at (1), with a test of its new rising channel support line taking place at (2).

Game Plan…Remail long TLT after a purchase at (1). Will “harvest” the TLT position on a break of support at (2) by 1%.

2 Comments

Chris Kimble on 04/08/2011 at 9:11 AM

Aleks….Did due to the support break in this chart.
Aleks on 04/06/2011 at 1:13 PM

Harvest Time?