May 3, 2011

Watching this week BOOM long, FACE short

BOOM
Strong drop off after earnings drop. RSI-7 near lower 18, penetration today of lower Bollinger Band
Need to see how much further it drops, want to see RSI dropping to 10.


FACE
Surfing up upper bollinger band, but now trading inside. Nearing upper side of recent channel, RSI 77

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