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Replies to #26849 on lowtrade

lowtrade

01/03/12 4:44 PM

#26853 RE: BOS #26849

IMO entry too early. Entry at 1st resistance which is 3.25. Mixed entry & support indicators. Enrty, 5 crossed the 10 early entry, DMI DI+ didn't cross DI- yet. Support, StochRSI in BE IN state. CMF still weak selling pressure.

If you can eak out a day trade or two OK. But today was emotion after a parabolic dive. It gapped up on averge volume. Not impressive.

Caution may be a trap. You now have 2 gaps below and none above. Gap up volume was not strong with price.

http://stockcharts.com/h-sc/ui?s=HDY&p=D&yr=0&mn=6&dy=0&id=p39003680218