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trade2much

10/19/12 9:51 AM

#60837 RE: trade2much #60817

DVAX Look closely at the 4.40 level and iffffffff the close *on volume* is above or below it.

The old Gap is filled iffff the candle bodies, not the tails go into 4.53 or under. Once the Gap is filled, and it should be today imo, then the stock could very well resume a leg up.

The above would be a common trading action, assuming noooooooo bad news jumps up suddenly. We have a catalyst so that backfill gap fill, then reversal, pattern is not at all unusual, nor its guaranteed.

Watch closely

BOL