Tom,
I guess we'll see if it is a problem that NVLS pulled back below the bearish resistance line.
After a move like yesterday, I was not surprised to see the retrace,
and the close was above the 50 dma for the second day, so I remain encouraged. Patience would have gotten me an even better entry, but patience is a commodity I lack.
I also notice that VTSS reversed back to Xs today, and now sits at a double top, needing to print 52. Interestingly, on a day when AMAT and NVLS were down substantially, VTSS was pretty steady, and was up for a portion of the day.
Thanks again for your input, I am finding P&F to be very helpful to my decision making process. Too bad I still have to make the trade executions <g>
Be well,
David |
