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Saturday, January 14, 2006

ANTP and RSH - 011306; 15-minute chart(s)

I posted intraday comments about these Friday; here are the charts. Answer the three questions on your own.

A special note about first bar set-ups - I have found that they are not as reliable as some of the other set-ups I highlight on the blog. But, they are still powerful plays. They can be a profitable part of your trading arsenal as long as you use proper money management and adhere to your stops (as you always should!).

I did not trade RSH because I did not like the upper tail/wick - but, it is a nice move to study nonetheless.

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