THe stock started goign down from 46.06 and it bounced off 45.27 that is the 200 day moving avg on daily. It almost bounced back till 45.8 which is much bigger than 50% target. This works most of the time and has a high probability of success
always play the bounce game off 200 on daily chart
The way to play this was to buy the stock at 45.3 and protect every 10 cents as it goes up after 45.5
