1. What are the two key mistakes beginners make in reading trends?  2. Which “key” chart pattern reveals a top or bottom is near?
3. What are the most reliable chart patterns? 
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Jul
10
2007
Trade of the Day – Monolithic Power Systems (MPWR) Flat Base Breakout

Posted By Tate Dwinnell |  Subscribe in a reader | Comment 0

I’m adding a new feature here at the blog called Trade of the Day.  Every day I’ll try and post a trade of the day which will highlight a technical  trade (not necessarily a company with great fundamentals) which has the potential for an explosive move over a short time period.  Today’s stocks is Monolithic Power Systems (MPWR) which is breaking out from a flat base this morning.

monolithic power mpwr trade flat base breakout stock chart

Full Disclosure: I have purchased shares in this stock this morning.

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Read more on Monolithic Power Systems, Breakout, Triarc Companies at Wikinvest

Filed under Stock Trade of the Day by Tate Dwinnell

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