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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
Wednesday, December 06, 2006
Today's Trades: REDF
I bought 500 shares REDF at $20.11. The stock had been setting up nicely and it made my watchlist last night with entry on a breakout of $20. Technically, the MACD has turned up and the 50 day moving average is pointing up and look ready to cross the 200 day moving average. My only concern is that RSI is not at the level it was when it hit $20 in late November.
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1 comment:
LEH up big today (relatively speaking) on the tiniest volume...
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