1. Using TOS Charts to Determine Price Targets
Brian Cox
2/17/08

2. Why Target Prices?
Whenever you enter a trade you need to project where you think the price of the stock will go and how long it will take to get there.
Using this information you can set your entrance and exit parameters
2/16/08

3. How to determine a target price
I use the TOS Charts on Think Or Swim to help me find support, resistance and probability to reach a target price within a specified time.
2/16/08

4. RIMM
Where do you think the stock is going?
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5. RIMM with support and resistance lines
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6. RIMM with Fibonacci retrenchments
Now, pick a target price, how long will it take to get there?
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7. RIMM with TOS Probability Cone
This cone is set to a 68% prob.
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8. RIMM with two overlapping TOS Probability Cones
Two cones set to 68% and 80% prob.
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9. The more consistent you are, the more profitable you will be.
Summary
Using the technical analysis of support and resistance combined with the TOS method of probability will combined to help you reach your profit target within a specified amount of time more consistently.
The more consistent you are, the more profitable you will be.
2/16/08