Wednesday, January 14, 2009

January 14 - AUY


AUY opened just below RZ and printed two bearish bars. Price could not close above RZ, so I thought this baby would be going down. Exit at $6 because is a round number and a potential support area.

4 comments:

Tyler said...

Anarco,

Great trade! I was watching AEM at the open and it was way too crazy. I wish I would have seen AUY. Perfect.

tyler

Tyler said...

P.S. I like your use of the 50% Fib Retracement!

anarco said...

Thank Tyler. The 50% fib retracement is your code. Way cool!

bl said...

Nice trade on this "slider" , ie no gap it just drops with the market: mgm