Safe Trading Blog

http://safe-trading.blogspot.com/2007/12/hpq.html

Analysis confirmed: a basis is formed @ 51$ ==> we are still buyers at the edge of the price channel: 49$/50$ with a stop loss @ 48$ (price edge)… Below 48$, the best strategy is to enter a short position with a target @ 44$. Just take a look @ price channels to determine these levels! plain && simple. SAFE TRADING.

This entry was posted on Wednesday, December 19th, 2007 at 4:13 pm and is filed under Stock Code Trading, US Markets. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.