Showing posts with label tmx. Show all posts
Showing posts with label tmx. Show all posts

Monday, June 04, 2007

Today's Trade: TMX

I bought 400 shares of TMX at $40.88. It has been on my watchlist since May 20th. Mexican stocks have been on a tear, and I'm using the consolidation after the latest breakout as a jumping point. Any thoughts on this trade? Was the last breakout a continuation or exhaustion breakout? Only time will tell. I will likely place my stop at $39.50, which is just below the breakout point.