Monday, March 28, 2011

MHP

MHP

So in looking for my text books this evening  I stumbled across MHP-(McGraw-Hill), interesting ascending triangle-ish(TL 1, TL 3)/ horizontal channel (TL 2, TL 3 [TL=Trendline]), multiple entries on the chart and possibilities, any reversal bar off the 20 ema TL 1 or TL 2, or a break of TL 3 would have me buying calls. On the other side bearish reversal off TL 3 would start to make me feel like a triple top was in and I would begin accumulating puts with breaks of the 20 ema, TL 1, and TL 2 causing me to add to position.


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