BPOP had some nice action the last 30 min, there was some inter
day resistance at 2.91, see the second chart which is a 5 min
chart, you can see how it had a horizontal intra day resistance
level at 2.91 and a good place to pick some up early.
Currently its sitting just below 3 resistance level
BPOP had a little false break there hit 3.02 and pulled back
immediately, however for now the 5 min chart is still constructive
and looks like a bull flag. anyway it's a small POS stock so
these things happen
BPOP
Posted by matt on 11th of Nov 2010 at 02:42 pm
BPOP had some nice action the last 30 min, there was some inter day resistance at 2.91, see the second chart which is a 5 min chart, you can see how it had a horizontal intra day resistance level at 2.91 and a good place to pick some up early.
Currently its sitting just below 3 resistance level
BPOP had a little false
Posted by matt on 11th of Nov 2010 at 03:16 pm
BPOP had a little false break there hit 3.02 and pulled back immediately, however for now the 5 min chart is still constructive and looks like a bull flag. anyway it's a small POS stock so these things happen
BPOP
Posted by hazbin1 on 11th of Nov 2010 at 03:23 pm
IMHO - that's what tight stops are for, just in case