The diary of a market speculator who trades stocks and commodities using technical analysis, chart patterns and trend following methods. I can be contacted at SinghJD1@aol.com
Wednesday, June 03, 2009
The Low Risk SKF Trade Setup
SKF is slighly bouncing off support lows. Support could break, but the setup still offers a good risk ratio and a trade that is easily managed. Enter as close to support as possible, place stop below support lows, with a target near resistance levels.
Labels:
bottoming setup,
trade setup
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