Tuesday, April 7, 2009

AGU


AGU was weak on the open along with the indexes and soon took out the PDL, forming a WRB that closed weak. Next few candles started retracement and then formed a roundish bearish base against the PDL. POT also formed a similar roundish base but I liked that AGU formed a red WRB on the open and went with AGU. Exited on the green candle after the bullish hammer like candle.

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