ENER - Energy Conversion Devices - Symmetrical Triangle / Coil
Nothing too special. By the time the market settled down after the early gyrations and EIA/oil data, I found a setup I liked in ENER, but then the MBIA headlines came out shortly afterwards and it was only a matter of time before the market wanted to sell off a bit.
Here's the chart of ENER:
I also had a few late day trades/scalps in MON / AGU as they broke down with the market.
Overall, a decent but quiet day here. It felt like a lot of the move higher was a short squeeze type action. To me it seemed like it was on lower volume, and basically went straight up (i.e. no bases formed along the way) on anything I looked for an entry on.
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