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| Strong on the daily chart, recent high/daily level put in at 80. Intraday Market was strong as buying came in on every dip. GMCR consolidated for several hours and finally broke about 79.90. Risk was 10-15 cents for a trend into new 52 week highs. Note: I did not play this although I was watching closely. Can't miss easy opportunities, J. |
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| Oversold on the daily chart, very strong bounce at 38 support. Intraday Market allowed for buying breakouts and dips. GES consolidated for almost an hour at that 39 level never dropping lower than 38.90. I bought 2 tiers of risk at 39.005 with an .89 stop. Risked 11.5 cents for a buck of reward (sold mostly in the .70s) |
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