Posted by pthoreson on 28th of Aug 2008 at 02:45 pm
I just posted two charts on SKF. To me it looks like it wants to
test support at 118 again. Might get a bounce there, but this rally
is much stronger than I would have thought given the volume the
past few days. You could play a bounce at 118 with limit orders
just above that level and a stop just below.
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SKF
SKF an buy or not?
Posted by pthoreson on 28th of Aug 2008 at 02:45 pm
I just posted two charts on SKF. To me it looks like it wants to test support at 118 again. Might get a bounce there, but this rally is much stronger than I would have thought given the volume the past few days. You could play a bounce at 118 with limit orders just above that level and a stop just below.