The one I just can't let go, RXP.
Weekly shows the lowest volume this year.
Daily shows the numerous test bars this week which received a positive response on Friday which caused my order to be executed.
We have these really narrow spread bars that makes me think we are re-accumulating from the inpatient at the same level used last year in August and September. I know I probably should be waiting to get on board the markup, but I'm interested to see if I can play with the accumulation range.
Notice my stop loss is a stick below support level (0.765) and not below test bars (0.775). Hopefully by giving some more room for movement, it will reduce failed trades, this does however reduce my parcel size to maintain same risk.
