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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: hitsoft17 who wrote (13136)4/5/2002 5:48:24 PM
From: chowder  Respond to of 23153
 
Regarding BPUR, I would have preferred to wait for confirmation based on the condition of the market, but if one were going to anticipate a point to enter a trade, I think you picked an advantageous spot.

You have a hammer pattern off a 50% Fibonacci retracement and the 50 dma average served as a line of support.

stockcharts.com[h,a]daclyiay[pb10!b50!f][vc60][iut!Lh14,3!La12,26,9!Lj[$spx]]&pref=G

If the 50 dma doesn't hold up, I see a stronger line of support between $8.00 and $8.05.

Good luck with your trade. I hope you nail it!

dabum