Different ‘Shades Of Slim’
The Slim Jim is an old friend because it’s an
easy-to-understand and recognizable pattern that produces consistent results. Sometimes
though, especially when it feels like the market is experiencing a major
decision, you might need to look beyond the classic version in order to put on
—
or ‘ware’ — a stock that’s really going to move.
10:37:20
Intraday
Setup Alert
Neoware (NWRE),
from the Nightly Daytraders
Report has formed an extended Slim
Jim near daily and 52-Week pivot highs. Triggers above the extended intraday
pattern are set above 20.50. NWRE is up .44 at 24.48.
So next time your looking for your ol’ pal
Slim, look beyond the obvious and you just might find a new best friend.