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S&P 500
5,555.74
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-0.19%
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US TECH 100
19,031.60
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-1.00%
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Dow Jones
40,358.09
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ArtieB

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ArtieB

Re: None

Thursday, 04/28/2011 8:49:04 AM

Thursday, April 28, 2011 8:49:04 AM

Post# of 278
PAAS

If you look at the chart, you can see that it bounced off its low within a planned parallel channel. If I were buying today, I would set a limit at $40, watch it, and maybe cancel the order and reset the limit for $42. If the channel fails, I would set a stop limit at $35. It must stay above $36.


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