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Hey Dave,
COHR , very nice . Even though it exceeded the prz which appears
to be in the range of 32.50 to 35. , momentum shifted the other way shortly
after that and
the stock is experiencing a nice advance.
Did u come up w/ approx the same numbers as me for the prz ?
161.8 of AB @ 35, 127 XA @ 32.50 , Alt. 127 AB=CD @ 35.
COHR exceeded this zone by @15% before reversing.
Jack
David J wrote:
> Jack
>
> I am surprised to hear you are seeing enough breakdowns to consider the
> patterns of low quality. I am at the opposite end of the spectrum.
>
> COHR is a recent fine example. It is a butterfly bottom and really did well
> today.
>
> Were you entering the position when the stock hit the zone or did you
> waiting for bar pattern confirmation?
>
> I am going to be on the road for a few weeks so if you reply and I do not
> return it please understand.
>
> ht
> Mag
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