Here is an example of the S&P 500 (SPY):
Here is an example on Alaska Airlines (ALK):
Try out the t-line, try trading it, and check out the Rick Saddler's site for more tips and ideas on trading the t-line.
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At the time of publication, the author held no positions in any of the stocks mentioned.
This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.