It’s A ‘Natural’
When the ‘deck is stacked in your
favor’, it’s definitely time to ante up. For the card sharks out there, the
appropriate decision when delivered a strong hand, or one with edge, would be to
double down. For us, a similar edge appears when certain technical situations
set up intraday, giving us our own loaded deck with which the appropriate play
is ‘too easy’ to see.
Early
Relative Strength
From the Nightly
Daytraders Report, Shufflemaster (SHFL)
has formed a Taglia
Gap in today’s trade as it trades up to fresh 52-week highs out of a daily
chart consolidation pattern. Triggers for continuation longs are set at 31.21,
with the stock up 1.05 at 30.81.
It doesn’t happen every day, but when the
‘shuffle’ has dealt you two strong cards like a Taglia gap and an intraday triangle
for the kicker, it’s the same as playing the game with your very own ace in the
hole.