Posted by dallassteve on 9th of Mar 2010 at 10:45 am
I put in a buy order at 6.72 and walked away. It was
filled, and looks good, so I will hold on. I was not sitting
at my computer watching it take off, so I was not able to sell at
the peak. Great trade on your part! Keep us posted if
you buy it again.
Posted by dallassteve on 9th of Mar 2010 at 11:24 am
Thanks for your post. Looking at the size of the triangle,
I am thinking it could move up to near 8, where there is an open
gap in November. The January high could not fill that gap.
So the question is: at what point do we take profits?
Any thoughts welcome.
SVA
Posted by jtverr on 9th of Mar 2010 at 10:17 am
Sold at $6.94. Will watch
Posted by jtverr on 9th of Mar 2010 at 10:35 am
Sold at $6.94. Will watch for a bustout above $7.00
SVA: good trade
Posted by dallassteve on 9th of Mar 2010 at 10:45 am
I put in a buy order at 6.72 and walked away. It was filled, and looks good, so I will hold on. I was not sitting at my computer watching it take off, so I was not able to sell at the peak. Great trade on your part! Keep us posted if you buy it again.
don't worry..its going higher...
Posted by dylan398 on 9th of Mar 2010 at 10:46 am
don't worry..its going higher...
SVA...going higher
Posted by dallassteve on 9th of Mar 2010 at 11:24 am
Thanks for your post. Looking at the size of the triangle, I am thinking it could move up to near 8, where there is an open gap in November. The January high could not fill that gap. So the question is: at what point do we take profits? Any thoughts welcome.
DallasSteve - did you come
Posted by ehaglund on 9th of Mar 2010 at 01:08 pm
DallasSteve - did you come up with a target of roughly 8.85 (2.3+6.55)? Curious how you got your initial target.
Thanks. Eric
I agree with you dallassteve.
Posted by jtverr on 9th of Mar 2010 at 11:30 am
I agree with you dallassteve. But it has to break the $7.00 pretty good before I'd buy again.