EFA; adding to long
First long postion for EFA was posted HERE. Adding here at good support. Favorable fuzzy count shown HERE. Initial is only -2.3% and I am giving that entry a little over 5% risk stop (under the inverted head/island reversal). This entry will have the same stop. If the island doesn’t hold one does not want to be long this stock. I’ll take the medicine and run fer the hills if that happens 
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[…] Further to THIS POST and THIS POST, EFA has rewarded +2.63% from the add and 0.27% from the initial to form a bull flag on the hourly after the test of the island gap support. The inverted SHS is also clear and a bullish neckline break would target 71.70, or +15.6% from my average of $61.99. […]
Technical Trades » EFA long update - July 22nd, 2006 at 1:17 pm
[…] Previous posts and entries HERE. […]
Technical Trades » EFA pops! - July 27th, 2006 at 10:57 am