PCX after a little pullback intra day, it bounced again
regarding your question, 1st resistance area comes in around 12
or so, then up to around 14 - 15 potentially over time.
However as with any of these trades, take some off the table
initally to reduce risk
pcx
Posted by brallen1 on 20th of May 2009 at 01:45 pm
Matt, does 12.50 look like a reasonable 1st target, or did you intend to day trade it?
PCX after a little pullback
Posted by matt on 20th of May 2009 at 01:53 pm
PCX after a little pullback intra day, it bounced again
regarding your question, 1st resistance area comes in around 12 or so, then up to around 14 - 15 potentially over time. However as with any of these trades, take some off the table initally to reduce risk
pcx
Posted by brallen1 on 20th of May 2009 at 01:59 pm
Thanks