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Re: TA_Sleuth post# 28235

Thursday, 02/09/2012 3:55:29 PM

Thursday, February 09, 2012 3:55:29 PM

Post# of 47295
It was a buy at .0025 break. Target .005.

Keep in mind it just gave 50%. One should expect profit taking. The thing to watch is how much! With volume less then 50% of the day before. It tells me there is no support for retrace, only profit taking.

This shows logic more then emotion. It's had it's 3 days, all's well with the world. If your trading a double bottom you want stalls. Would like to have seen climb EOD though.

Right now for new entry wait for resistance break. If your in, it's a hold. IMO

Welcome to my mind!

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