Just after 1pm, with a nice volume spike, TWM starting perking up. It quickly shot up from $65.10 to $65.40. By 1:35pm it was hitting $66.20.
Earlier, since about 11:20am TWM had started to drift upward from its low then of $64.50. Not much volume except for a small spike at 11:35am.
Drawing a trendline I could see that the second low at 12:06pm was $64.60 and above the prior low of $64.50, so an upward trend was developing. This should have triggered a buy.
No comments:
Post a Comment