Strictly Buy and Sell Set Ups Message Board

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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: Ottrose who wrote (2232)	2/11/2005 10:02:33 AM
From: chowder	Read Replies (1) of 13449

Ottrose, The pattern is fine, especially at the 20 day moving average. In fact, it showed up in my scans last night. The only thing I didn't like about it was the gap down at the open yesterday. This is subjective of course but, I thought the gap was excessive based on the other candles. Otherwise, it's a nice looking chart. The entry target is tricky because the candle is so long. I usually buy above the previous day's high and that is quite a distance from the closing price. I would look at an hourly chart to get a better entry if you are looking to get in. dabum

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