Blaine Tarr
06-06-2012, 07:08 PM
Been awhile since I posted one of these swing idea charts, but the market has been a little wobbly. HALO is a bit slower play compared to the ones we normally talk about in the chat room, so it fits here. Watch for a move over 8.50 to get HALO heading back to 9. There is a gap to fill to the upside from April to about 10.50. This won't happen overnight, but if it can confirm a bottom here, give it a few weeks/months and it'll work on it. Chart below shows why I think it could easily see 9, and if that breaks work on the gap fill towards 10/10.50. Don't go crazy and buy it first thing tomorrow, instead watch for the 8.50 breakout to kick start it.
http://content.screencast.com/users/btbulldawgs/folders/Jing/media/9acefe40-aa20-4342-b81a-fa8fe2952e02/HALO%206.7.png
http://content.screencast.com/users/btbulldawgs/folders/Jing/media/9acefe40-aa20-4342-b81a-fa8fe2952e02/HALO%206.7.png