Friday, May 1, 2009

Sold YZC

I'm out on my position in YZC. The price action is within a minor resistance near the $10 area where the stock has previously broken down. I still view this as a tough resistance and may attract more selling from other traders who wants to get out breakeven.

Sold 300 shares at $9.86 minus the $7 commission equals a net gain of $94.00

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