One of the volatile stocks...in a charting pattern....trading between 15 and 12. Have beeen buying it on the dips around 12.5 and selling it at 15. Did it twice and have started another position today at 12.75. Waiting for it to drop more to buy more shares...But doesn't look possible. Look at the Buy order (30,000 for a low volume stock) in the charts today at around 1PM today! That should be the next support level I tink it is around 12.65.
Only start your position with 1/4th or 1/3 rd of the shares you would like to buy and then increase the postition on a dip. Please do remember that I am not a professional broker. I just put out my pcks and advices for novice investors/traders.
Good luck,
Your Adarsh
$12.76 (10/15/07)
Agree
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