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Tuesday, November 22, 2005

Homework - 112205

BBD gave a nice mid-day signal as it broke above the 34MA and the retracement zone of the previous day's high to the opening range low. Answer the three questions for yourself.

BBD - 112205; 15-minute chart


PBR.A gave a mid-day signal similar to BBD above. It also gave a nice signal on the third bar. Answer the three questions for yourself.

PBR.A 112205; 15-minute chart
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Posted by Trader-X at 6:52 PM

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DISCLAIMER - I DO NOT MAKE RECOMMENDATIONS TO BUY OR SELL SECURITIES; I JUST POST MY THOUGHTS, TRADES, AND OPINIONS. DO YOUR OWN DUE DILIGENCE - YOU ARE RESPONSIBLE FOR YOUR TRADES, INVESTMENTS, AND DECISIONS. ALL CHARTS ARE COURTESY OF REALTICK. ALL TIMES INDICATED ARE NY (EST).