Shanda Game Ltd (GAME) : Breakout of resistance

Post author By iam802
Post date March 29, 2010

GAME has a nice breakout from its resistance near $7 last Friday.

There is no confirmation of a new trend based on the Ichimoku chart. However, it could be be a nice little swing trade or the beginning of a new trend.

Tags Application software, Breakout, Digital media, Electronic games, GAME, Ichimoku Kinkō Hyō, Nice, Shanda, Shanda Game Ltd, Support and resistance, USD

By iam802

Trend trading with Ichimoku

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