Morning All
Took a bit of a breather from the markets, went gung-ho in January and breached some key disciplines (not related to losing money but ill behaviour which shouldn't be tolerated in this game)----Money Mgt rules allow you to continue and for that I can be thankful.
Gone long on IRV this morning. Good volume on a possible breakout yesterday, weekly uptrend since Nov 2010, MACDs becoming bullish, RSI/Stochs ticking up. ATR has flattened from late Oct 2011 until now so a sign that battle between the bears of late is coming to an end. Double bottom around 290 so hopefully onwards and upwards from here.
Kully