Yep hazbin1 - Steve and I both avoided buying it yesterday
before the auction, however I took some yesterday late afternoon,
not a big position, more of a starter i.e. scaled into some - then
of course it gaps out today - that's how these type of patterns can
work though, price gaps out of them vs a nice easy move through the
pattern, that's why I scaled into some, but I didn't have as much
as I wanted of course.
I will now watch it, if symmetry is broken I will buy the next
pullback higher low
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Posted by hazbin1 on 15th of May 2015 at 10:25 am
sadly i got piggy, not by much, but enough to miss the trade after the results of the 30yr auction yesterday afternoon.
on to the next. good trading.
Stocks may be entering into the euphoric phase: bearishness
Posted by matt on 15th of May 2015 at 11:12 am
Yep hazbin1 - Steve and I both avoided buying it yesterday before the auction, however I took some yesterday late afternoon, not a big position, more of a starter i.e. scaled into some - then of course it gaps out today - that's how these type of patterns can work though, price gaps out of them vs a nice easy move through the pattern, that's why I scaled into some, but I didn't have as much as I wanted of course.
I will now watch it, if symmetry is broken I will buy the next pullback higher low