Strategy
Aviva needs to break through the 200 eMA, but it’s formed a consolidation, and I like it. Tight stop on this one, using the 200 as my protective stop. Needs to get through the big figure at 750. 14/09 – move stop up to 770 to lock in profit after breakaway gap. 12/09 – Stop to 752. 13/09 – Stop to 755 protect any whiplash.
Performance
This stock has moved a total of 3.1% so based on a money-managed trade of 1% risk; your profit would stand at a 3.3% increase in 10 days.
Would you like to be alerted to trades like these BEFORE they happen? Register at www.livetradingfloor.com NOW, and never miss another great trading opportunity again.
This entry was posted
on September 25, 2006 at 9:06 am. 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.
