Quote:
Originally Posted by Hog's Gone Fishin
Wouldn't we want to see a small retracement at the end of that pattern?
Also , I would think to watch what it does in premarket action that should give a clue which way it will move??
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Retracement as in further down for awhile before moving back up?
Premarket is hit or miss to determining movement. The opening of the day can be more useful, however. If this sold off a few more percent to open Monday trading, I wouldn't go near it.