Tuesday, February 24, 2009

long FAS

bought 4.67
sold 4.70

reason for buying:
setting up for a possible cut&handle or ascending triangle..
thought it could make above 4.75 for a run/bounce following the general market
price made a higher low...just throw in a bid at the 20 ma on 1min..


reason for selling:
huge seller at 4.75, always pushing price down
price making a lower high on 1 min.

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