Note: You are reading this message either because your browser is not standards-compliant, or your browser failed to load our css files.

A description of the content follows : Look for our Tenet Healthcare (THC) stock pick to get moving again real. A breakout or a breakdown looms, as the stock chart works its way into the end of a very tight wedge

Search SCN
Sign-Up For Our
Free Newsletter
RSS

Add to Google

Blog Counter

Small Cap Network Blog

2/25/2008

Tenet Healthcare (THC) at the End of a Wedge, Breakout Soon?

Filed under: — SmallCapNetwork Editor @ 11:54 am

One way or another, our Tenet Healthcare (THC) stock pick is going to get moving soon. The triangle shape on the chart is just about closed, and THC shares are getting squeezed into a pretty cramped space.

That’s not bullish or bearish yet, but could be (either one) real soon. Stay tuned to the support and resistance lines. When one breaks, we have better-than-average odds of a strong continuation move in that direction.

Are you a subscriber to the Small Cap Network newsletter? If not, you’re missing out on some great trading ideas and exclusive market commentary. To sign up, just go to the top right corner of any page of our website. You’ll be joining thousands of other subscribers who have already benefited from our news and views.

Comments »

No comments yet.

RSS feed for comments on this post.

Leave a comment

Line and paragraph breaks automatic, e-mail address never displayed, HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>