Bruce, regarding DIG, it's hard to
say, however I view this possibly as a swing trade so I want to
give it room. If DIG can get above the 20 MA that would be a good
sign. Also, see the chart, resistance points are noted
above. After a good move it, it's a good idea to lock in some
profits and then set a stop on the remaining shares, but I think
DIG could be a swing trade, but again remember that when coming off
a bottom, there will be false starts and it will be choppy
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
dig
Posted by bruce2 on 13th of Aug 2008 at 01:55 pm
Matt
What is your first target for dig?
DIG 60 min chart.png Bruce, regarding DIG,
Posted by matt on 13th of Aug 2008 at 02:06 pm
Bruce, regarding DIG, it's hard to say, however I view this possibly as a swing trade so I want to give it room. If DIG can get above the 20 MA that would be a good sign. Also, see the chart, resistance points are noted above. After a good move it, it's a good idea to lock in some profits and then set a stop on the remaining shares, but I think DIG could be a swing trade, but again remember that when coming off a bottom, there will be false starts and it will be choppy