The Trader's Perspective

[Sendme]

Same problem here. But it seems like 1.48 is where the sellers are sitting. I like the moving average set up on the daily chart on Etrade. I normally would like to see a signal candle, which would be a full candle above the 1.48 then wait for 2-3 candles to see if it holds and finally I like to see the price break that by at least .05 as my trigger to buy. So I would have to wait and see what the break above the 1.48 brings and then we can apply some more math for the 1:2 risk/reward. Nice find if it breaks!!!

That's all I got my friend.

This would be the first real big run up if it does break and could be a big one. Thanks for the heads up.