I got stopped out today after holding for almost 3 months !!!
I got stopped out too at 12.35 just after the open. I figured it would drop much more than that and I would get back in lower, but instead it bounced way up after that. So, I bought back in at 12.57. Then of course it went back down again in a big way. This thing really gave me fits today and I lost a bundle. Don't know why it did that headfake this morning, but it certainly fooled me.
I think it was predictable what it did today. If you look at the chart and overlay a 10MDA on it, you will see that it has moved over and under this line at the top and bottom of every swing. I have been catching it at the top, shorting it and then picking it up at the bottom.. made some good $ over the last month or so. I too have not been using a stop but instead watching it like a hawk, thaanks to my iPhone.
I really think that this is going back up to test the 200MDA and if earning are good it will continue on up. It is definately getting interesting as the 200MDA and 50MDA get closer.. if the 50MDA crosses over it will go to the moon...or at least much higher.