WEBX was a gap up play similar in style to Trader X and Tale of the Tape. The Fibonacci extension was actually reached in the first five minutes of trade. However, I wasn't fast enough. As luck would have it, WEBX rallied back to the Fibonacci extension and I exited 50% of the position. I was stopped out on the balance around 11:15. When it retraced all the way back to its opening price, I was hoping for a chance to re-enter, but the Friday afternoon doldrums set in and it couldn't break out of its flat base.The rest of the day was spent scalping with somewhat mixed results.
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