Replies to post #987 on 10-Baggas Factory 10

[creppie]

Well, the 50% mark would have been .10 to play any kind of bounce. Looks like it tried to hold the 50% retrace mark for almost the first hour of trading. But, it then broke through with only a pop to .11.

Check out the 50% rule here:
http://www.esignalcentral.com/exchange/05_2006/third_party_spotlight.asp

It basically says that a run will continue as long as trading on the stock doesn't trade below 50% of the previous day's trading range.