I am in love with contingent buy orders. They are a great way to remove a lot of the risk because you are forcing yourself to wait for the buyers to take control of the stock. The other great thing about the contingent buy order is that it allows you to keep your stop loss order close to your entry point. If you are buying the stock as it is forming the pivot point, the pivot point becomes support.
Equity Oracle: 11/22/13
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