|
Click dates for prior posts.
[Archives, prior months.]
Search entries:
Give your trading a boost:
FibMaster live workshop
& chat!
Live webinars
lessons & seminars.
Video seminars & lessons.
See what other traders say about FibMaster.
Give a little back:
Give someone a hand.
|
[Previous entry: "NEM--the importance of the 3x3"] [Main Index] [Next entry: "FDX--Locking in some more gains--+$7.76"]
01/12/2004 Archived Entry: "ASD Locking in some gains"
click here for ASD chart
1/12 If you are a ProfitPoint subscriber you know Fibmaster has picked some nice charts here! As it's quite possible the market is due for a correction (just my opinion) and several of our positions are at major resistance/support levels, we are closing out half of some positions to lock in gains. We will be posting them throughout the week.
The first is ASD. ProfitPoint subscribers received this chart on 12/16. We entered long on 12/18 @$98.92 EOD on cross up of 3x3 on daily. We are taking half off the table 1/9 EOD @$102.21 for a +3.29 gain. The 103.73/104.00 level is still possible. As long as the trsi is up that is the level we will look to exit the 2nd half. Stop loss is cross down of 3x3 on daily.
click for newsletter (86k file)
Next page, continue.
|
