ESRX - 102705

There is never enough time to post all the charts, so I usually pick one or two of the most compelling trades. If you have time look at the 30-minute chart of ESRX - note the fifth bar hammer and subsequent move. And MRGE - note the hammer on the third bar, and a nice entry point above the high of the narrow range fifth bar.

Try to answer the three questions on your own.

See you Friday.