Jumat, 27 Februari 2009

Inverted h Pattern -Hansen Natural Corporation (Public, NASDAQ:HANS)

HANS was an earnings gap from the pre-market scanner. Price gapped slightly and made a fast move higher. Place fibs from the ORL to the early pivot high. Price found support in the R-zone and I entered long. Exit as price approaches whole $ level just below 100% fib. extension. Price doesn't always reach the full extension and it's better to exit into strength. This is an inverted h-pattern.

Tidak ada komentar:

Posting Komentar