This is one of the rare times you will see an exhaustion gap on the technical charts. Gaps are a big part of our trading strategy and the exhaustion gap is the third gap in a series of gaps that tell us the move is beginning to slow down. You can also see that we’ve bounced off of a key support level that was established back in July of 2012.
Options Oracle: 02/21/13
Posted on February 21, 2013 by AJ Monte in Options Oracles
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