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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (2474)	1/19/2001 7:06:08 PM
From: Jenna	Read Replies (1) \| Respond to of 6445

RBAK marketgems.com There was a chance that RBAK might bounce after it moved down. RBAK opened near the suggested trigger point but had no strength to make if foreward. So what do we do Monday. Do you wait until 43 if RBAK closed at 39.94? No we look for another pivotal point for RBAK which in this case is 41, and wait for 43 as the second pivot point. A second alternative is more simple for INTRADAY trading. Simply wait for RBAK to take out the high established by 10:00. Than you can check back on the daily chart to see how close or far you are from your next pivot point on that chart.