TUMI was a “hot” new IPO that opened today above it’s price of $18. TUMI opened at $26 and put in a high of $26.80. This stock created a base around $25.50ish and bounced higher from there. As a possible first entry, you could have been involved when it made a higher lower low against the morning low with more confirmation to the entry when it broke above the mini downtrend channel at…
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