Just looking at that as being the next R level should the uptrend continue. I am flat so no skin in the game for me.
We have had a thirteen point range L to H so far today, 20+ T-days are rare, but...
Anything can happen, but I hate getting run over by trains. :p
If you feel the need to fade, try a sim trade and see how it goes, IMO.
R2 is at 1331, could be the next stop on the UP train.
A little more fuel for the fire:
http://finance.yahoo.com/blogs/daniel-gross/facebook-ipo-already-happened-several-months-ago-secondmarket-134457488.html
:eek:
Well, well...look who joined the party!! :)
I would like to see a break below 06, then enter on a pullback.
Such low volume right now, makes any trade a little "iffy."