tag:blogger.com,1999:blog-6842036031859472688.post3511151509258377605..comments2024-03-20T23:01:34.838-07:00Comments on Art Of Trading: NEP Chart UpdateUnknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6842036031859472688.post-78909752728413610642009-12-28T16:11:36.326-08:002009-12-28T16:11:36.326-08:00Oh I am long. Have sold most of my position on the...Oh I am long. Have sold most of my position on the way up and am thinking of closing the position now and getting back in around 8....if it goes there. Never gonna short this one with all the green volume bars in there..lol<br /><br />Thanks for your inputs!positiontraderhttps://www.blogger.com/profile/15867225573384096103noreply@blogger.comtag:blogger.com,1999:blog-6842036031859472688.post-63124398434645827172009-12-28T16:07:44.640-08:002009-12-28T16:07:44.640-08:00hi PT,
i would avoid the temptation to short this...hi PT, <br />i would avoid the temptation to short this stock right here. momentum is strong and it might pause for 1-2 days but can run some more. If you insist on shorting it, i'd much rather see you wait for a exhaustion candle similar to the one in june 15th.Stewiehttps://www.blogger.com/profile/18426469322190080207noreply@blogger.comtag:blogger.com,1999:blog-6842036031859472688.post-15654137517078612902009-12-28T15:40:16.666-08:002009-12-28T15:40:16.666-08:00Do you think its at the end of the move now and wi...Do you think its at the end of the move now and will perhaps do down and fill the gap at 8?? Thanks!positiontraderhttps://www.blogger.com/profile/15867225573384096103noreply@blogger.com