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Two observations of the open… – If, Then… Market Timing

Two observations of the open…

By Rod David | November 11, 2014 - 10:09 am

Two observations of the open…
INSY — Gapping up on earnings, and above the $37 range. Having probed 39.30-39.50, closing above it would signal the rally had resumed.
TRTC — Probing .405 yesterday was no assurance of closing above it, and now lower prior highs under .38 are being attacked again. Must hold this test and close above .405 to signal selling pressure was absorbed.

Posted in Bigger Picture