Here's a trade idea for the new year. It's a wireless
stock so it does have some 'thesis' momentum behind it.
Perhaps talk about fundamentals is shunned upon here, but its
decent relative to some other names. The longer term pattern
I think measures up to 12.5. It's part way there, but how has
this little flag forming. I think it's good for a quick trade
if the market holds up.
btw - Happy New Years everyone! good trading in 2010
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Trade Idea - ARUN
Posted by riskmanagerjeff on 31st of Dec 2009 at 03:09 pm
Here's a trade idea for the new year. It's a wireless stock so it does have some 'thesis' momentum behind it. Perhaps talk about fundamentals is shunned upon here, but its decent relative to some other names. The longer term pattern I think measures up to 12.5. It's part way there, but how has this little flag forming. I think it's good for a quick trade if the market holds up.
btw - Happy New Years everyone! good trading in 2010