No offense taken or meant, brother. Only toward TA and the other voodoo traps for Noobs--- if you have the gift, more power to you! good luck!
Thanks for all the replies. I purposely chose a somewhat obscure situation to see what people would say. I am building a stock momentum system, and wanted to see how these results compared to my system. I hope I get many more responses, with more detailed analysis.
Ya think? I like how it bounced hard and held the top end of that most recent gap. If I were taking this long my stop would be around 30even. With that gap being defended strongly once I think if it were filled it would violate my reason for being long. I personally wouldnt want to ride it all the way down to 22.50 unless I was planning on adding more on the way down, but Nitro mentioned this was a momentum play so Im assuming thats not in his plan.
at this moment i would not buy it , notice the action to lower prices after volume spikes,indcates liquidation