NIHD Breakdown Setup

Hey Gang,

Here is one of my trades from today. It was in NIHD. It popped up in my "range" scan in Real Tick shortly before 12:30 ET. It was in the process of pulling back up into the range with a slower momentum move from 15:10 to about 15:25 ET. The entire range was hugging the 15 minute 20 simple moving average and volume was light throughout after it had rolled over in the morning off highs. The target was based upon an equal move on the breakdown and the whole number support at $71, although slightly stronger momentum than that seen off the morning's highs allowed for it to push a bit past that equal move and whole number support.