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Rhee

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Rhee

Re: A deleted message

Wednesday, 07/16/2014 3:31:27 PM

Wednesday, July 16, 2014 3:31:27 PM

Post# of 34668
If it holds the backtest of the 10:25am resistance and/or the 2pm lows, ensuring no lower low, it may still have legs.

The mark I have on existing momentum is:
4.55 (am high) - 2.35 (open low) = 2.20
3.42 (am low) + 2.20 = 5.62

What a day. Half on, half off. Tight stops. Watch again how we handle the neg MACD signal on the 5min, and the 15min as well at these heights. +125% is beyond gravy.

(A) Have very reasonable expectations; (B) Educate yourself and perform due diligence; (C) Don't enter without a strategic plan and target, for both best and worst case scenarios; and (D) Lead inward/outward and never follow.

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