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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: chowder who wrote (11470)4/3/2007 10:24:26 AM
From: chowder  Read Replies (2) of 13449
 
Re: STR ... On 3/8 I posted a message with the STR buy set up. (This message is linked to that analysis.)

>>> Entry $83.50. Profit targets $8.00 - $19.00. Initial stop loss $78.00. <<<

The first profit target of $8.00 per share has been hit today where I have sold 1/2 of my position and locked in a gain of 9.5% on those shares.

I have moved the stop up to the entry point of $83.50 to insure the remaining shares do not turn into a loss.

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