My next play was in ESRX which I found on my Daily list, early, ESRX gaped at the opening then put in a nice bottoming tail filling in the gap and price rocketed upward. I missed the morning entry so I stalked ESRX for a possible 15 minute play, by 11:30 reversal time ESRX had triggered just a beautiful text book 15 minute buy setup. The play setup after 6 bars down into a rising 20 ma at a 45 degree angle, with bottoming tail, green bar or COG, @ minor support, and the most important item, with the market going long. About a 3 1/2 hour play back up to target I area, a nice 2.38 “R”isk units of profits. Finally I got my profit for the week in with another day to go. Overall it’s been a tough week of trading but best of all it’s been profitable!
esrx