If you have been following my reports, you’ll know that one of my favorite strategies is Trading the Gap. Right now we are perfectly set up for a breakout to the upside. The volume was up yesterday, the gap at 12.81 has filled, and now that that gap has filled it displayed a textbook pivot point as the buyers came in to rally the stock. With all that said, it’s important to note that this is a contigent buy order which means you have to wait for the breakout before you buy it. My video explains this strategy in detail.
Equity Oracle: 02/17/2012
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