Discussion in 'Journals' started by marketsurfer, Jan 25, 2004.
WLSA. target 5.
an observation: your 'rare' stock picks are getting less and less 'rare'.
Just a thought,
So, if a trader was in at 3.24 (Friday's close), where would you recommed a stop be placed?
do you see the word "rare" ?
I'm not marketsurfer.
Stop below 3.18.
If it breaks out though, on higher volume, it has nothing stopping it before 5. There is definitely accumulation going on.
There is a negative divergence on MFI, however.
my stops are at 2.97. i purchased at close @ 3.24. black, this is not a "rare" stock pick. it's just a regular one ! odd, thanks for the TA work.
Other than that rediculously wide stop of yours, this is a decent pick.
Technically, short term top should be in. We all know that stocks move on simple brokerage upgrade/downgrade which easily override TA picture . If upside action is not convincing, TA reversal is around 12:30 Tuesday .
You guys able to get this via IB?
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