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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?


To: sixty2nds who wrote (9589)5/9/2006 10:38:19 AM
From: hubris33  Read Replies (1) | Respond to of 13449
 
60 - 1 hour into the trading day usually equals 1/3rd of the day's volume. So far volume is 1.6MM shares. 30 minute bars show that if not at the open, the LOD occurs in the first couple of hours of trading. Usually it is pro money that comes in in the afternoon session which over the last two days has picked up EP and sent it higher.

If yor broker provides RT feeds then one can get free RT charting from MedVed QuoteTracker. [Ameritrade & IB provide feeds that I know about. CyberTrader if you are a top level client. Many others are listed on the website.]

quotetracker.com

Looks like the support from yesterday around 15.53 held so far today although the strong trend move from the last two days has broken. Looks like a bit of consolidation here, which would be healthy.

You are in the trade for sure! Good luck. <g>

H3



To: sixty2nds who wrote (9589)5/9/2006 10:46:38 AM
From: sixty2nds  Respond to of 13449
 
EP - stop reset @ $15.18 EP = 15.73, an early challenge to the intraday high. Buy order @ $15.78 is open. eom



To: sixty2nds who wrote (9589)5/9/2006 11:50:58 AM
From: sixty2nds  Respond to of 13449
 
EP...shot fired...the gtc buy @$15.78 just filled. Stop will now be reset for full position @ $15.18