Look For This Pullback Pattern In Your Trading

Once in a while you
encounter a chart you don’t want to let go of
. When you see it, you
know immediately this is the right one. You don’t have to analyze anything. It
jumps at you.

CV Therapeutics (CVTX),

from yesterday’s Nightly Daytraders Report
, can give you a good example of
what you should look for in a pullback. The stock has been declining on light
volume. It tells me CVTX is going through a normal profit taking process. Also
CVTX tested the lower boundary of a gap zone successfully and formed a bullish
doji bar.

Currently, CVTX is trading near the day’s high at 22.52, up 1.92. At least you
should have taken a partial profit, and moved your stop to breakeven.

Have a nice afternoon session!

T.Kamada

If you have questions, feel free to mail them to me.

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