Radar – PLAB

April 27, 2011
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Radar – PLAB – ATR breakout alarm in at 9.30.  NOTE:  this looks like a wave five and possible target not much above recent highs, so time frame must consider appropriate risk/reward.  However – these types of setups are gaining a lot of traction in this market (HUSA, ISSI, etc.).

One thing to be constantly aware of is what patterns are working and what patterns are not working in any given market condition.

PLAB

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