Thursday, February 15, 2007

Today's Trades: RATE and AKS

I bought 500 shares of RATE at $42.53. The stock spiked up over resistance on strong volume and has now pulled back on diminished volume, printing an ideal NR7 entry.

I bought 500 shares of AKS at $22.08. As you guys know, I love steel right now. I picked AKS from last night's watchlist after the strong volume break above $22, which has been a minor resistance point over the past few weeks.

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