Stock Diary

Alive and Kicking; RITA

It seems like RITA overheard me saying the things I said about her yesterday ;)

She now did show some action on some more volume (still not high volume) and she even gapped open a few cents. She closed the gap and ran to an high of 3,75 to close at 3,72. So she finally showed us a white marubozu here.

The trading plan is still simple, and with RITA out of the triangle it is even more simple (perhaps dull? ;)); hold as long as RITA closes above the ascending trendline, which comes in today around 3,52

posted by nikao @ 7:40 AM