Sunday, May 10, 2009

LP Momo: Watchlist Week of May 11 to 15

Below is the LP Momo Watchlist for the week. Do not chase them wait for better entries. Exercise caution and patience.


I'm interested on ADCT, the stock have pulled back at the 10MA. I will likely enter a long position just above the highs of Friday with stop sell just below $7.00 for further technical study see chart below.

Note:
I'm also keeping an eye on other stocks not included in this watchlist that can come up and might offer a good trading opportunity.

No comments:

Post a Comment