Wednesday, June 11, 2008

MTL at Support

I still like MTL here. The stock has not broke support and down volume has been lighter than previous up volume. The 50 day moving average has been a good entry point.

2 comments:

Unknown said...

Hi,
I notice that you are no longer posting your exits from stocks. Is that deliberate or are you trading less recently? I find your blog fantastic but it is really good to see how and why you exit trades. Thanks.

The Market Speculator said...

I have not been posting exits or entries lately. It's strictly a function of time. I have been very busy over the past couple of weeks and haven't been able to update trades as much as I'd like.

Note that when I post an entry, I give my targets. So you already have a good idea of where I will exit.