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Post# of 16651
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Re: fink post# 4087

Friday, 10/02/2009 8:01:35 AM

Friday, October 02, 2009 8:01:35 AM

Post# of 16651
Just look at the technicals and the intraday charts.
If the breakout is clear then get back in, wait for some buying pressure. It has to break the interday downtrend before one should take an intraday upmove seriously.

Then draw in resistance lines, those are guaranteed to give you at least 2 to 3 cents scalping range in a day.

If unsure, then juuust wait for a breakout and confirmation. Untill you see proof that people are buying, that the stock is decisively moving up.
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