March 31, 2005
Trading MINI to the Max
Let’s take a look at MINI, which hit a new high on over nine times normal volume yesterday. Taking the long view, we see that MINI has been trending strongly for a good long while now.
MINI, Weekly Chart
On the daily, we can see the pop above the recent consolidation between $36 and $38.
MINI, Daily Chart
Finally here’s the 15-minute chart. Folks who were scanning the new high list saw MINI first thing yesterday, and the kicker was the extreme volume which made it a “front and center” stock on the screen. It finally gave a nice Dummy spot above the 10:45 bar. Always try to focus on MINImizing your risk instead of maximizing your reward.
MINI, 15-minute Chart
Cat: | Time: 1:45 pm (utc+8)
