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UA - 012207; 15-minute chart at 2007-02-06 15:26:22
posted by Tom C:
I could not take my eyes off UA this morning - it gapped down and after a strong first bar started testing the OR low. Bars 2 and 3 narrowed, and bar 4 was the NRM. It was almost a hanging-man, but more of a doji...it was just sitting on top of the OR low with a declining 5MA overhead.
I entered on a break of the OR low, and covered 1/2 at the Fibonacci extension of the previous
