Hello, I just started reading your blog and it is a very informative blog! I used your indicators and found this stock Alere Inc. (ALR). It has a 10% jump on friday. Would this make a good burst stock? When would you actually enter? On Friday itself or the next day? I entered on Friday but I don't have the conviction to hold on to it and close it at a loss when it go down near to it's open price.
ALR is involved in a buyout. I do not buy stocks like ALR where event risk is high.
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