MAT Trade on Apr 27, 2015 12:57 from Driver42_BOWS: Tradervue User Stock Trades.

I wanted to short this right at the open as it was sitting on the daily 50ma after closing just below it on the last trading day.
There was a support trendline from the previous day too. This was broken in the first candle, retested in the second and then fell away from the 20ma and 50ma.
My rules are not to trade in the first thirty minutes and so I held off and watched the price fall almost a dollar with out any sign of going up.
It was a long time to wait until this flat bottom break off the 20ma.
Set my first target at 29.05 which is a couple of cents above the high of the session two days ago, which if the bottom of the gap on the daily