I also shorted UCTT at 18.37. I am still in though. Looking at the daily I am anticipating a break downward.
spydertrader, just wanted to say thanks for the info u have posted in your various journals... especially the channel stuff. i am a big multiple time frame guy, and found it very easy to incorporate the channels in all my timeframes to identify high probability/low risk entries. keep up the good work!
Quick question: For signal to go long, price must be higher than the high of the previous day or the closing price? Thanks, ML
In Journal I, "Price Improvement over the previous day" meant current price > previous day close. - Spydertrader