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Replies to #25906 on lowtrade

lowtrade

10/28/11 3:07 PM

#25911 RE: Picassa #25906

SWC

http://stockcharts.com/h-sc/ui?s=SWC&p=D&yr=0&mn=6&dy=0&id=p23488031724

Actually entry is called for at 13.50 to 14.00 on a bottom bounce play. Yes it's to late to catch the original emotion reversal. But to EARLY for the continuation move. First resistance has not been broken yet. The comeback is not confirmed.

13.35 will be a stall point and weather it breaks and continues or reverses and returns lower is determined at 1st resistance to any comeback move.