Monday, March 11, 2013

X Setting up for the Buy Side United Steel

I talked about the short opportunity X had on January 30th, 2013 Click Here and how it had $2 more dollars of room to the downside to fill its gap and test the established trend-line. Well a little over a month later the move has completed. Trend-line has held and a reversal pattern is currently underway. IMO the lows here should be in. Key reference area for a long is 19.87.

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