Just wanted to share a bet I'm making. Long term chart looks great, volume looks great, Demark and Divs look good.
Going to $3.30 from here seems pretty reasonable, will hold some for longer term too if it works out. Will be moving stops to break even as soon as possible, and if this one doesn't work out, there will probably be more to come from AKS later.
Also, what a wonderful asset to trade--volatile w/ liquid spot and options market
Going to $3.30 from here seems pretty reasonable, will hold some for longer term too if it works out. Will be moving stops to break even as soon as possible, and if this one doesn't work out, there will probably be more to come from AKS later.
Also, what a wonderful asset to trade--volatile w/ liquid spot and options market
Comment:
Up 10%, so moving some stops up is a good idea. Breaking even is fine cause if it starts going lower you want to save your ammunition to buy wherever it's going
Comment:
Entry around $1.97, current price is $2.50. Moving all stops to breakeven or above. Will probably take off 10% of the position at $2.58
Comment:
Margarine
just now
taking more off the table at $2.75ish. Stops remaining at breakeven or above.
Expecting another run downwards towards $2.05 sometime soon, and it seems likely we'll keep going lower from there
just now
taking more off the table at $2.75ish. Stops remaining at breakeven or above.
Expecting another run downwards towards $2.05 sometime soon, and it seems likely we'll keep going lower from there