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Here is what is currently happening.
Paper Trade: Got in this as it was creating a pattern that I have been seeing a lot of recently. They spike up in the morning on good news, and retrace to a support level (such as hod the day before) and consolidate and then head higher in the afternoon for a little bit of a spike or continuation to close to hod. This was my first time trying to time this. I got out too late for the initial run up, though I could have gotten out on a double top for the tick chart. I mussed it up though...
Entry comments: Bought the pullback on the chatter news with Microsoft just looking for a small scalp.
Exit comments: No bounce out for a loss on this one.
Paper Trade: I got in this because it was coming down to support and there were massive buy orders going through. It got above my preferred support level so I wanted to see if it would hold that. Nope...So, I got out with a small loss. The news is that Rite Aid is being bought up (stores) by Albertsons and Walgreens. It didn't seem like any of those stocks were really doing very well this morning. But there is some volatility so it was worth watching.