Friday, October 07, 2011 4:52:25 PM
At least TSL's chart isn't tracking the S&P. Thats 1 good thing. Since it seems to be independant from the markets, I'd play it like any single bottom bounce. First resistance should be entry signal. That was at 7.75, next 9.50 then 10.25. Today may have killed the bounce though. Strong watch only at this time. IMO
But entry after yesterday was signaled. Wrong but signaled.
I'd wait for 9.50 now. But previous high break could be higher risk entry. 8.10
http://stockcharts.com/h-sc/ui?s=TSL&p=D&yr=0&mn=1&dy=0&id=p52142456146
But entry after yesterday was signaled. Wrong but signaled.
I'd wait for 9.50 now. But previous high break could be higher risk entry. 8.10
http://stockcharts.com/h-sc/ui?s=TSL&p=D&yr=0&mn=1&dy=0&id=p52142456146
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