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RA
rat89
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.768 and 1.27 at lower line with cci + divergence at S2
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RA
rat89
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if this is the trap that sends it back up, it's a beauty
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AL
albert
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Originally posted by roofer
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roofer,
Very interesting IBM charts. Thanks for posting.
Al Kamego
RA
rat89
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rule number one for me about managing a trade is to be very careful when an opposing trade sets up against your trade. there was a strong bull setup yesterday at the low, with support on the larger time frame.....what was troubling was that targets indicated by the short the day before weren't hit in a way that said trade over. so I am on my toes.....despite the explosive mini moves yesterday, there was not a deep well of energy.....and now here we are at an abcd into the zone around .382 which we know to be a most important area - as measured from BOTH prior highs.....a failure in this area could send it down to lower lines fast....
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