Homework 09/27/07 – Support – 2

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Homework 09/27/07 – Support – 2

Sep 27th, 2007 by Trader-14

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Posted in Stock Trading Class | 2 Comments

2 Responses to “Homework 09/27/07 – Support – 2”

on 27 Sep 2007 at 7:28 am1Trader-14

09/27/07 – 4.30 EST: Stop adjusted to 21.30
09/27/07 – 5.10 EST: Stop adjusted to 21.40
on 27 Sep 2007 at 4:28 pm2Tony Oz

I like the high volume spike on the low made on 9/26/07. You may find strong resistance at 21.80-22.00 which was taken out on high volume. If it struggles there on the rally attempt, the low at 21.10 will become a magnet. I like the trade in general as a channel play. It may take a while though for it to go to the top of the channel.

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Homework 09/27/07 – Support – 2

2 Responses to “Homework 09/27/07 – Support – 2”

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