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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Stocks may be entering into the euphoric phase: bearishness
TLT 30 min
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