I was looking at EMC after today's close and noticed that it might fit into Tony's filter for the 'sky scraper' and I wanted to see if Tony or Sniper can answer a few questions. First of all, when and where do you enter the trade? In this example EMC is offering a resistance level at $13.60 appx. Do you enter the same day (10/9) anticipating a lower close (which did happen) or do you wait for a confirmation until the next day? Also where do you place the stop in this example? I would place it around $13.80 because anything around that area would mean resistance has been broken. Finally, the target would be $10.50 giving us a rather large risk/profit ratio. Is this correct? Thanks for feedback.