Tuesday, October 6, 2009

LAVA update

3 comments:

Candlestick Warrior said...

Hey man, how you doin? good work on the charting!

Just wondering, when you see charts like LAVA, when do you enter? Do you wait for a close above that resistance or do you buy 1/2 once it breaks with good volume? Also you set your stop just below the breakout? Thanks man! Learnings lots from your posts!

Tradermarket247 said...

Sometimes I would test a little before the breakout but usually I would enter AT the breakout (with Huge volume during the breakout). So $2.22 in this case.

Tradermarket247 said...

Too bad the easy money were back in April to July. Now days a lot of fakeouts.

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