Whenever, some equity gapped and you were unable to get in first 5 minutes, then wait for it pull back to some fib level of same day. or use pivot points. It will always pull back to a certain level. Then use that entry level to enter. Gap up means, (if it is not a reversal gap bar?????) that there is trend just starting now!!!
Would you be able to review RIMM for us please? Also, you mentioned in your previous comment that since GOOG gapped up, it may be the start of a move up however the S&P came close to one of your targets of 1222. Should we infer that the market will retrace from here or are we looking to head higher to your next target of 1232?
5 comments:
GOOG gapped couldn't get into the trade.
You still think it is good to buy?
Whenever, some equity gapped and you were unable to get in first 5 minutes, then wait for it pull back to some fib level of same day. or use pivot points. It will always pull back to a certain level. Then use that entry level to enter.
Gap up means, (if it is not a reversal gap bar?????) that there is trend just starting now!!!
Remain Blessed
Hello Mr.Syed,
Would you be able to review RIMM for us please? Also, you mentioned in your previous comment that since GOOG gapped up, it may be the start of a move up however the S&P came close to one of your targets of 1222. Should we infer that the market will retrace from here or are we looking to head higher to your next target of 1232?
Thanks.
Karim
Dear Mr Syed, you are the best!
The market stopped again ag your target 1222
Great work Mr Syed
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