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


To: Ottrose who wrote (11751)3/29/2007 8:28:26 AM
From: chowder  Respond to of 13449
 
>>> what would cause you to recommend GTW to someone who asked for the first time today? <<<

Since price is pulling back to a rising 20 day moving average, a buy opportunity exists today if price can trade above yesterday's high of the day. I would make the entry about $2.31.

If the trade doesn't trigger today, then I would have to establish another entry based on what happens tomorrow.