BTU takes 50% of previous daily candle

    Posted by darnelds on 9th of Dec 2014 at 03:29 pm

    http://stockcharts.com/h-sc/ui?s=BTU&p=D&b=5&g=0&id=p42009304178

    insider buys as well today

    Posted by himsa on 9th of Dec 2014 at 04:08 pm

    insider buys as well today

    himsa- I'd say 80% of the

    Posted by matt on 10th of Dec 2014 at 12:02 am

    himsa- I'd say 80% of the components in the XLE had the same thing, price was quite extended from the 9 EMA and most took back slightly more than 50% of yesterday's down candle, and many have some pos div on the 60 min charts, so it's kind of like take your pick

    Examples: CAM, DNR, ESV, HP, NE, NFX, NOV, RDC, WPX etc

    I should have posted some of those as bounce candidates in Monday's letter, oh well.

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