Tuesday, October 6, 2009

LAVA update


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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