Tuesday, January 27, 2009

The tide is rising, long JOSB, ACI and TMO

Most stocks moves with the market, so an right analysis of the market already is 70% of a stock trade.

Looks like it is moving slowly each day up, albeit the utmost negative news.

JOSB: EMA counts, stop at 37.07, Target 1: 31.49, Target 2: 34.27


ACI, MA counts, W-3 trade, last time entered on Jan 21, but trade did not follow-through.


I also took half a position size on TMO, saw it moved last time, and entered on the bounce, but Acc/Dist is only 46.7 and the bounce is not confirmed by closing above 8MA ergo one half position.



shorts:
longs: JOSB, ACI, TMO

If you find this blog beneficial to you, please donate to your favorite charity.

Link back to the Blog

No comments:

Custom Searches

Search Results

Links