Trades for Monday BOOM, ABV
BOOM & ABV are painfully close to a buy. If I were paper trading, I would just place an order right now. I want to give them a good look, however, since I’m now trading real money. But at a quick glance, it looks like they’ve both closed at or above their 7 d SMA after a recent oversold condition…this indicates upward momentum and a good time for a swing trade.
Suzanne @ October 19, 2007
Did you pick up BOOM or ABV today? If you did, I hope you went short on them!
No, actually, I thought last night was Friday, so I didn’t even think about trading today! I”m glad I didn’t miss it, I’ll look for the bounce.