That said, I was a little slow on the draw but still picked this up at 4.34, I'll use the trend line as the stop, as it would not be unusual to see a backtest. But given the volume I would be surprised if this does not continue this move:
Monday, December 29, 2014
Opened IDRA
Yesterday I posted this chart in my watch list after observing a nice wedge
Today, this pattern resolved itself to the upside in dramatic fashion. (if only it worked this way all the time).
That said, I was a little slow on the draw but still picked this up at 4.34, I'll use the trend line as the stop, as it would not be unusual to see a backtest. But given the volume I would be surprised if this does not continue this move:
That said, I was a little slow on the draw but still picked this up at 4.34, I'll use the trend line as the stop, as it would not be unusual to see a backtest. But given the volume I would be surprised if this does not continue this move:
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