lowtrade

[lowtrade]

For comeback plays like FRTD you use a FIBs overlay to judge first retrace bounce target. And use my FIBs rule of thumb. Looks like the best one can hope for there is .018 38% FIBs, if it bounces tomorrow at 61%.

http://stockcharts.com/h-sc/ui?s=PMCM&p=D&yr=0&mn=3&dy=0&id=p59797365882

Actually when trading TA & chart patterns, not darkside plays, on the OTC. My goals are usually 25% gains.