Breakout in GNC

This topic has 0 replies, 1 voice, and was last updated 12 years, 7 months ago by Steven Place.

Viewing 1 post (of 1 total)

Author

Posts
September 23, 2013 at 10:40 pm #2590

Steven Place
Keymaster

It’s a very good sign when a stock finishes at its highs while the market has an ugly day.

The stock has just cleared key resistance and will most likely run to 55.

I like purchasing the Nov 55 Call for 2.10 or lower, with a stop under 52 (double bottom support on 30 min chart).
Author

Posts

Viewing 1 post (of 1 total)

You must be logged in to reply to this topic.