Thursday, December 20, 2007

Trend trades POT, MON, FSTR, LIFC and AAPL

Finally a confirmed bounce that I am looking for after being stopped out:




POT, broke higher than the low day two days ago.

Stop at $120, ~$10 less than the last strike price










MON, yes late to the trade, because I went to have massage yesterday.

stop at 97, there is no need to go any lower than that!







LIFC, entered $43.29, stop at 41

Interesting formation of the last week

bounced yesterday and confirmed on the 30 day MA breakout today.












FSTR, entered at $50.956, stop at $47


bounced yesterday and confirmed on the 30 day MA breakout today.













AAPL, morning doji star (almost, missing the gap down yesterday), can't say no to that
entered at $187.6372, stop at $178

TARGET: $223 at 161% fibo retracement

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