Replies to post #28 on DAYTRADING YAHOO!

[PowerPole]

Wawh--refer to the chart on post #20...

I figure RBAK should go up to at least 8.85 on the breakout of that double-bottom, but like I said, it needed way above average volume in the first hour this morning to keep moving up, which it didn't have...

8.85 is the minimum pps on the next leg up (that is, "if" it continues up), and RBAK has a way of continually exceeding all expectations during a run, so I would say 9.00-9.20 is not out of the question...

Today is still OK though, as consolodating here in an uptrend is what it does quite often before the next leg up...A close above Friday's close would be encouraging...It's great it set a new intraday high by .12 right after the open, that tells me it still wants to go up...it has outlined where it's headed next...time will tell...

Good Luck To ALL ;^)

[PowerPole]

Are you still happy about RBAK Wawh?

What a good day for this one...busting out first thing in the morning to new highs...

I hope you didn't get scared out on the pullback to 8.15 ...I used that as another buying opportunity, as it happened real fast, and the stochastics hit bottom on the five minute chart...

Today's chart has formed a great looking inverse head and shoulders, and I would expect it to bust through to new highs first thing in the morning tomorrow...

My wife has a long position from a long time ago, and I daytrade the heck out of it, so we are very happy right now...I wish you the best of luck on this one...I'm looking for 9.00 before this week ends...

Good Luck To ALL ;^)