** Another example of CHANNEL ANALYSIS on EGLE**

Im just looking over some charts that I did not follow up on. On this egle chart I didn't update it so you can see how the channel did play as a key guide on how to play this sucker. This was posted on 03/09/09 as well. These drybulk shippers needed to consolidate alittle before my target moves higher, but the channel would have given you a trigger point entry when it broke above bottom channel resistance and resume course.

View trade below

Daily EGLE



Old 60 min EGLE


New 60 min EGLE