Jumat, 27 Maret 2009

Choppy Friday

FSLR forming a continuation symmetrical triangle. Today, in early trade, it formed a base at the edge of the retracement zone of the PDH/L for a nice thrust back up to resistance of yesterday's shooting star.

SOHU and IDCC - inverse C&H - very slow and wide spread at times, so cover in the retracement zone because there's support from previous days.

I shorted the failed BO of POT. Covered when it broke back above narrow base. Re-shorted the ambush (62% retracement). Partial on hiccup at 50% FE and covered on higher high. Then it formed a H&S top and ripped 2 points lower, but I wasn't there.

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