March 29, 2011
Stocks Take Back Losses; Outlook Shifts For Better - Investors.com
IBD described Tuesday's action as up in mixed volume, but has changed its current out look from market in correction to a confirmed uptrend.
I had my stop placed 2pts. from my entry at 83.17, at 81.17. However, after looking closer at my 30 min chart, I should've had it in two spots. Either on a break of the 50ma at 82.35 or a little below 81.00. That's not to say this trade is going to work or not. I just felt I was stopped out prematurely.