Nov 12th, 2007 by Trader-15
Found NVLS on Volcanno-MD sometime in the afternoon. NVLS (which is on a longer term downtrend from it’s high in Dec-06) found support at the bottom of it’s trading channel on strong volume yesterday (See Daily Chart below).
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Trade Closed on the 13 Nov (3rd day):
Exited @26.91 Reward: +2.8%
Reason for Exit:
- Into the last hour of the 3rd. day and I didn’t want to hold for another day.
- I didn’t want to give back any paper gain.