Wednesday, April 21, 2010

A Gem...

I stumbled up on the chart of DLLR while surfing the net tonight and decided to add it to my focus list for tommorrow. DLLR did pass through my screen last Wednesday but I declined adding it to my watchlist. However, after seeing the beautiful "pull back to 20 day MA" set up it has formed, I have added to my focus list and will trade tommorrow if it triggers!!!

I would go long @ $25.75 with a stop at $25.00. This gives me a minimum target of $28.00 based on the per share risk.

Here is the chart:

Good luck and good trading!

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