AI
| Followers | 2 |
| Posts | 113 |
| Boards Moderated | 0 |
| Alias Born | 09/26/2012 |
Friday, January 18, 2013 8:24:12 AM
Yeah, KOL has nicely pulled back to the 20-day EMA and now provides a very low-risk swing trade buy entry, with a protective stop just below the swing low. This allows for an overly positive reward-risk ratio.
The setup technically is lacking relative strength to the market, which is one thing we do NOT like about it, BUT we also like the fact it's a pretty low-risk entry with positive reward-risk ratio with entry near here.
By the way, that's one hell of a chart you got going there! My eyes were going buggy.
Deron
The setup technically is lacking relative strength to the market, which is one thing we do NOT like about it, BUT we also like the fact it's a pretty low-risk entry with positive reward-risk ratio with entry near here.
By the way, that's one hell of a chart you got going there! My eyes were going buggy.
Deron
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