Sunday, January 30, 2011

ARAY - 5 min Candlesticks

I have seen several big one-day winners in the past week and they all seem to follow the same script.  The open is always a gap open which most traders are afraid to buy.  The gap never closes and the stock runs almost the entire day, usually providing at least 2 ideal areas to add more and raise one's stop to protect against failure.  I have annotated the last story stock.  Next week, my goal is to participate in at least one big one-day runner.  Now that I know what to look for, I have a specific plan to enter and manage risk.  

ARAY - 5 min Candlesticks: "


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