Replies to post #13973 on Scepter Holdings Inc. (BRZL)

[swing_trader]

Well. If you look at your daily chart you see starting on 4/21 we had a 3 day rise in price then a couple days sideways trading into the 20 EMA. Then another 3 days rise starting on 4/29 followed by a big red hammer. This is known as a swing trap. It makes the novice traders think the stock is going up then they hammer out the stops. Shake out the scared money. Now we are in a sideways trade back into the 20 EMA. It should pop a little tomorrow. But then again it couls be next week