During the course of the day yesterday, I had a short list of stocks that I was monitoring very closely for a good long entry. One of the stocks was BWLD (Buffalo Wild Wings). I typically create a variety of charts when I am stalking, and here are a few updated Area charts that I use:
Here are just a few examples of what TA folks would potentially draw on a chart. As I have noted before, I feel this effort is important so that I understand as many perspectives as possible.
Remember, it’s war out there so you need to know what your enemies are thinking.