An entry here around $34.80, with a stop at $33.80 (under suppport) and target at the old high around $38 offers a nice 3:1 reward to risk ratio.
The stock is a bit overbought. Ideal entry is on a little more of a pullback.
Thursday, March 11, 2010
Today's Entry: DIG
I entered DIG today. The stock has broke out over a W formation and the 50 day moving average. Another positive is the positive RSI divergence.
An entry here around $34.80, with a stop at $33.80 (under suppport) and target at the old high around $38 offers a nice 3:1 reward to risk ratio.
The stock is a bit overbought. Ideal entry is on a little more of a pullback.
An entry here around $34.80, with a stop at $33.80 (under suppport) and target at the old high around $38 offers a nice 3:1 reward to risk ratio.
The stock is a bit overbought. Ideal entry is on a little more of a pullback.
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