Site Meter The Lawyer Trader: TSYS: Round 2

Wednesday, September 30, 2009

TSYS: Round 2

This is the second time I've posted on TSYS...the first post was for a potential channel trade but it did not work out very will. This stock has just chopped around a bunch since then but now it looks like it might be worth watching closely again. Here's the daily and weekly charts for tsys with a few comments:The bottom line is that both the weekly and daily charts are showing tightening price contractions which might lead to a tradeable breakout. I will probably start scaling in on the dips and I'll be looking for a breakout to new highs for a confirmation.

TLT

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