Replies to post #118079 on Early Bird Special (EBS)

[IRISHBULL]

I played it the same way with the same rules.. Look at (see 1.), that was the failed attempt at breaking a higher high. See the drop after that. I knew it was gonna drop, but damn, that drop really sucked. There was a nice bounce after that which was played (see 2.) - The stock pulled back after that, but notice it didn't fall below the previous low which is a bullish sign. Then, just when it looked like a confirmed break ie: breaking higher than the previous high as seen at the (see 3.)the damn thing got right up to the break point and fell again and broke below the previous low (see 4.) - After that it fell into a channel between the .085ish and .095'ish - Then at approx 3:30pm it broke out of the channel to the down side. (see 5.)

I was extremely disappointed in the action today. This should have popped .02 IMO.. The news was very good. Maybe a better day tomorrow, dunno..