Tuesday, March 17, 2009

International Paper Long Entry Signal

International Paper (IP) provided a Long Entry signal by breaking through the down trending 20 day price channel to the upside. Entry at $7.26 with a stop limit at $6.00 and pyramid price of $7.89. July $7.50 Calls at 1.45 by 1.50

Trade at your own risk with proper position sizing and risk management measures.

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