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SIMO - 020207; 15-minute chart
at 2007-02-06 15:26:22
I did not find a lot of "traditional" set-ups Friday. But SIMO provided an opportunity with an entry on the third or fourth bar hammers.
Note the reversal at the exact Fibonacci extension of the previous day's low to the opening range (OR) high. This brings up a point discussed in "Comments" of Tom C's last post. I use a "wide line" when determining my target; in other words, I will look to
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