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Alias Born | 01/03/2012 |
Wednesday, March 07, 2012 7:51:36 PM
There wasn't an a ton of volume today, and I didn't watch the L2 to see what was going on end of day, but there seemed to have been some buying pressure. If it was real, I suspect it will continue tomorrow. EVGI doesn't get a ton of volume typically, but I wouldn't be surprised if tomorrows volume exceeds today (again, assuming there was real buying pressure at the end of today's session). Basically, I'm thinking we'll see another white candle tomorrow. We're still sitting above the MA 50 and today's session fits within my trend line so this is all good stuff to me.
I sold my position for a loss a couple of days ago (average was .095, sold at .077...) but I'm going to see if I can free up some scratch to throw in here again.
Just my opinion - I could be wrong.
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