Merck & Co (MRK) signals a Short Entry Trade after some consolidation and finally closing outside of the 20 day price channel to the downside. Entry at $35.68 with an initial stop limit at $27.82 and a pyramid price at $24.61. July $22.50 Puts currently at $1.30 by $1.40.
Trade at your own risk with proper position sizing and risk management measures.
Showing posts with label bearish. Show all posts
Showing posts with label bearish. Show all posts
Wednesday, April 15, 2009
Thursday, March 19, 2009
National Semiconductor Stop Limit Exit
National Semiconductor (NSM) touches long entry stop limit at $10.96. Aug 7.50 Puts at 0.50.
Trade at your own risk with proper position sizing and risk management measures.
Trade at your own risk with proper position sizing and risk management measures.
Monday, March 16, 2009
National Semiconductor Short Entry Signal
National Semiconductors (NSM) signals a short entry position with a break of the 20day price channel to the downside. Near 55day price channel support at $9.06. Entry at $9.40 with initial stop limit at $10.96 and pyramid price at $8.62. Aug 7.50 Puts priced at 0.75 by 0.85
Trade at your own risk with proper position sizing and risk management measures.
Trade at your own risk with proper position sizing and risk management measures.
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