Here's a blast from the past. I saved a bundle by adhering to the TA and not taking a short term position. At the time I was just running day trades. TA has a totaly valid position in any security.
Have a look at this link, that also saved me a packet by not entering and looking for the confirmation on that Gravestone (I know I called it a Dragonfly, problems when your trading and trying to post) As you can see the retrace came perfectly off the gravestone & price plummeted. Contrary to popular opinion, I've traded and had many short term positions with this security. Nice to see a few of the old posters still posting.
Major blast from the past
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