VRTX - has been on the watchlist for a
long time, it pulled all the way back to support on light volume
and I've been watching it to see if it would bounce off the uptrend
line, which it did today. The uptrend line represented a
lower risk long with a very tight stop vs waiting for a
breakout
Honzer- looks like
you were rewarded well buying VRTX at the uptrend line I showed a
few days. VRTX on the watcvhlist had come back to the support
area which on Feb 16th I said was low risk buy area with a tight
stop, today it's gapped hard on GILD hepatitis C result from
GILD. Obvious this was unknown to me, the stock was on the
watchlist only for the pattern
VRTX
Posted by matt on 16th of Feb 2012 at 10:40 am
VRTX - has been on the watchlist for a long time, it pulled all the way back to support on light volume and I've been watching it to see if it would bounce off the uptrend line, which it did today. The uptrend line represented a lower risk long with a very tight stop vs waiting for a breakout
Honzer- looks like you were rewarded
Posted by matt on 17th of Feb 2012 at 09:35 am
Honzer- looks like you were rewarded well buying VRTX at the uptrend line I showed a few days. VRTX on the watcvhlist had come back to the support area which on Feb 16th I said was low risk buy area with a tight stop, today it's gapped hard on GILD hepatitis C result from GILD. Obvious this was unknown to me, the stock was on the watchlist only for the pattern
VRTX was up 4 pre market, it's only up 2.5 now
yes thanks for the trade
Posted by honzer on 17th of Feb 2012 at 09:40 am
thanks again
Posted by honzer on 16th of Feb 2012 at 10:41 am