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Re: RedStick post# 59131

Tuesday, 07/21/2009 10:55:17 AM

Tuesday, July 21, 2009 10:55:17 AM

Post# of 165854
The more than likely scenario would have been to rest around the .08s before another attack. But like I said before trade the charts, after seeing the hanging man act as a continuation formation that would be the new entry trigger. I was too busy to load up on more shares so I'm still with the same position. Overall the hanging man candlestick acted as a continuation to continue the trend which shows pretty sizable strength. GJ, still can't say that call wasn't lucky =]. On a side note in a blue sky breakout there is no resistance until the profit takers step in, so that was another reason for my opinion in the SHORT term direction of the stock. G/L

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