Monday, March 23, 2009

Pyramid Trade Signaled for International Paper

International Paper (IP) provided a Pyramid Trade signal by closing above the pyramid price of $7.89. Entry at $8.17 with a new stop limit at $6.81 and pyramid price of $8.85. July $7.50 Calls at 1.95 by 2.05

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

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