9/16
Bought ESTN at $26.84
ESTN came up on one of my screens and I purchased this morning as volume came in heavily in the morning. I made a rookie mistake and did not realize that the volume was due to a huge spike at the open as it was options expiration 'triple-witching day.' However, the volume did come in legitimately later in the day so I held onto the stock.
I also bought off the 10 wk support so I was able to get in ahead of a higher buy point from a cup pattern. I love that the RS line is making new highs well ahead of the stock price. What I don't like is the lack of performance in the group. Most stocks will tend to move with the industry group they belong too - so I'm taking a chance in that way.
-G