Looking to enter FTR early in the AM for a Pop on News of former Google Exec taking a board leadership role following good positive earnings news.
Entered on Pullback - we'll see if news brings the volume back in.
Just above the 20 MA today but bounced down off the 50 MA - looks like it is still channeling downward.
RUT Intermediate Down Cycle - still in an upward trending secular trend
On the Watchlist for 30JUN14
Looking for sustained breakout above 4.31 with VOL
T1 - ~ 4.42
Stop - 4.25 or 0.11 Trailing Stop
Risk > 2:1 - Medium bc has a great track record of Popping