Tuesday, April 3, 2007

JBLU

1st trade!

I just bought JBLU @11.88

Why buy this stock:
- gap up
- above 13 ema
- stochastic looks better
- MACD is turning positive
- bottom fishing

Target:

- near the 50 ema
- 1 st target- $12.5 just about the same level of the down day with the high volunm
- 2 nd target- $14

Stop lost:
- I don't put any stop lost right now

Let's see how it turns out !

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