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Tuesday charts

Trader X | Wed, 05/06/2009 - 5:35am |  Add a comment

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VRX presented a "perfect pullback" setup Tuesday. It gapped up and pulled back to the 50% retracement of the morning's range. It found support at that level as bars 6, 7, 8, 9, and 10 all failed to close below it. The tenth bar was a "hammer-type" candle, and for those of you who enjoyed Tom C.'
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