Chart of the Week to learn from $SHZ

$SHZ  Learning Charts –

I posted these charts for Premium members this week to learn from:

I rarely play AMEX stocks since the volumes are usually much lower & don’t like the fact that they are easily manipulated but saw some interesting patterns on this chart that I think traders can learn from and that you can apply to other stocks (These strategies have worked very well for me in the past) :   I’ll continue to post interesting charts like this one in the future both for the free & premium members: Premium Members will get a few more usually and they also get the charts on stocks I buy/sell with targets and suggested stops:

But lets look at SHZ – Try to put as many notes on this first blank chart then go further down & see the notes that I added ( If you find that I missed something feel free to add your own comments:  The more you learn about charting , candlestick patterns, volumes , stochastics etc. and set a plan for your trades & use good money management you will do far better than the majority of traders out there:  Hope you find this helpful

Ok here is the First Chart – Try to see as many things as you can on this chart that would help you buy/sell it at key levels –Try not to cheat and see how well you do before looking at my other chart and notes: Feel free to print the chart out or just jot down some important notes in a scrap book of charts that you can review in the future:

Here are my other 2 charts with notes — again click the charts twice to see the larger images:

intraday chart — as you can see perfect buy signals into the fibonnaci 50% level

Hope these charts/notes help – Don’t mind sharing some key charts/positions that I think traders can learn from:

To get our Live updates of my swing trades like this you can join our Gold or Diamond membership here or email and ask for a 2 week trial  :   One trade or strategy like this one pays for the membership  many times over

China Shen Zhou Mining & Resources, Inc., through its subsidiaries, engages in exploring, developing, mining, processing, and distributing fluorite ore, zinc, copper, lead, and other nonferrous metals. It owns two properties under production, including Sumochaganaobao fluorite mine in Siziwangqi of Inner Mongolia autonomous region and Qingxing copper mine in Wulatehouqi of Inner Mongolia autonomous region; and owns one property under development, including Keyinbulake copper-zinc multi-metal mine in Aletai of Xinjiang Uygur autonomous region in the People’s Republic of China. The company is based in Beijing, the People’s Republic of China.

Posted in General Trading