notice how the low on your WRES was 3.96 while the 200 MA was
3.95, only 1 penny, then it bounce. Like I said, it's amazing
how you can get day trades off those MA's if you know where they
are ahead of time, put a limit order in so you don't have to watch
it.
otherwise will it stop ultimately at the 200 MA? IDK, hard
to say, the daily needs a lot of work, the 60 min chart needs to
turn up too.
but yeah if your really like the name, your stop can be
tight
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WRES
Posted by kalinm on 10th of Mar 2011 at 12:49 pm
An old friend that's been beaten and tortured. I'll take you in for a while -- maybe a ride back to the 50 day MA? Stop under 200MA.
Inverse head and shoulders in
Posted by kalinm on 25th of Mar 2011 at 09:54 am
Inverse head and shoulders in the making? Still holding from $4.03.
Woo hoo! Putting in a
Posted by kalinm on 25th of Mar 2011 at 11:20 am
Woo hoo! Putting in a limit sell at $5.17 -- bottom of gap is $5.18. Amazing move today.
Nice pop today. Good post.
Posted by pscott on 11th of Mar 2011 at 03:18 pm
Nice pop today. Good post. Keep it up!
notice how the low on
Posted by matt on 10th of Mar 2011 at 12:53 pm
notice how the low on your WRES was 3.96 while the 200 MA was 3.95, only 1 penny, then it bounce. Like I said, it's amazing how you can get day trades off those MA's if you know where they are ahead of time, put a limit order in so you don't have to watch it.
otherwise will it stop ultimately at the 200 MA? IDK, hard to say, the daily needs a lot of work, the 60 min chart needs to turn up too.
but yeah if your really like the name, your stop can be tight