Tuesday, December 14, 2010


Like IGT over 17 with a stop just below 16.80. Below is the daily chart. Impressive volume today with the volume so far already nearing the volume of the last two days. MA(200) at 16.91.

The 15 minute chart shows impressive consolidation today after the initial move today and also shows why a stop just below 16.80 should do the trick. Like the reward/risk ratio here due to the close stop.

Take care and good luck!

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