STP - Chart Link - loved the base on that,
and the 9 EMA was a good support to take some early yesterday - or
today, still a nice move and volume is good. There is a gap
to fill up in the 1.5's, however please don't wait for that to be
hit without taking some profits along the way - STP is up 13%
today, personally I always take something off on a good day, then
if I really like the stock, I'll keep a piece with a stop in place
with the goal to sell the remaining at higher prices later on.
STP nice move and trade comments
Posted by matt on 19th of Dec 2012 at 11:28 am
STP - Chart Link - loved the base on that, and the 9 EMA was a good support to take some early yesterday - or today, still a nice move and volume is good. There is a gap to fill up in the 1.5's, however please don't wait for that to be hit without taking some profits along the way - STP is up 13% today, personally I always take something off on a good day, then if I really like the stock, I'll keep a piece with a stop in place with the goal to sell the remaining at higher prices later on.
Thanks for this one, Matt.
Posted by RichieD on 19th of Dec 2012 at 01:22 pm
Bought yesterday and have moved my stop up three times so far today; currently set at $1.22.
YW Richie - nice pattern
Posted by steve on 19th of Dec 2012 at 01:23 pm
YW Richie - nice pattern I found over the weekend and put in Sunday's Trade Ideas.
Sweet. Thank you Steve!
Posted by RichieD on 19th of Dec 2012 at 01:26 pm
Really starting to learn from both you and Matt. Much appreciated.