Wednesday, May 10, 2006
Trading Ideas & Picks
The stock is touching the up trend line after successfully bouncing off the line to the upside 5 times prior to this touch. ATRS tends to drop down quickly, touch the line, then pop back up quickly. This time around, the stock touched the trend line, mover slightly higher, then reversed and touched the line again. The downside moves have occurred on slightly higher volume than usual which makes the trade a bit questionable...
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