Just passed $15 hopefully we can get a close above it with some strength in volume that would be great.
I have put in a $13.97 stop on this trade. That is $1.27 from today's highs or 8% drop. If I did get stopped out at that price I would have a .50 profit or roughly a 4% profit.
The stock was up 15% from the $13.47 purchase to $15.24 is 15%+. So not a bad return if you exited at those prices for less then 2 weeks.
Have a good trading day
Steve Hoven
alleycatnews@alleycatnews.net
Monday, October 8, 2007
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