The trading diary of Paul J. Singh. I trade full-time and empower traders by making the complex simple. I can be contacted at SinghJD1@aol.com
Monday, October 16, 2006
Chart from My Watchlist: KCP
KCP (Kenneth Cole Productions) is at the top of my "longs watchlist". I'm waiting to see how it handles a pullback to $25.50, after an impressive breakout over resistance on heavy volume. RSI is in a nice uptrend with higher lows, and MACD has turned positive. There's also a chance that the 50 day MA might cross the 200 day MA in the near future.
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