Showing posts with label beav. Show all posts
Showing posts with label beav. Show all posts

Friday, June 01, 2007

Trades: BEAV and BBD

I made two trades yesterday from Tuesday's watchlist:

I bought 500 shares of BEAV at $37.25. I had been watching this stock ever since the late April breakout, and liked the way it acted on pullback to the 50 day moving average, which also happened to "fill the gap".



I bought 500 shares of BBD at $25.05. I liked the increased volume while the stock has consolidated at the recent highs, which leads me to believe that the stock is under accumulation (as is just about all of Brazil). This leads me to believe we'll see a breaiout over $26.