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Re: NinjaAssassin post# 1710

Wednesday, 03/07/2012 7:51:36 PM

Wednesday, March 07, 2012 7:51:36 PM

Post# of 3063
So, it ended green today. I'll be honest, I surprised myself. I wasn't expecting to get that right, and during the morning I felt bad for even posting last night and was going to apologize if it stayed down. I'm going to see if I can go two-for-two here (who knows, I might be picking up on this TA stuff after all).

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.