Pascal
12-20-2013, 02:21 PM
OLN is a stock that came out from the daily scan today.
Before that, I even did not know that it existed.
We can see that it was very extended from the 50MA. It is thus normal to see it pulling back.
A good entry would be around 27.5, but we can see that large players have bought the pull-back.
I have a position at around 28.12, but if the stock pulls back to 27.6 on a good EV pattern, then I'll add.
Pascal
2148821489
Before that, I even did not know that it existed.
We can see that it was very extended from the 50MA. It is thus normal to see it pulling back.
A good entry would be around 27.5, but we can see that large players have bought the pull-back.
I have a position at around 28.12, but if the stock pulls back to 27.6 on a good EV pattern, then I'll add.
Pascal
2148821489