Thursday, April 9, 2009

Hammy Trade: FEED

just bought 1000 FEED @ 2.42


Why I think this will be profitable: FEED just broke out of a multi-week bull flag to the top-side on good volume. I believe the break-out signals a new bull run-up.


When my assumptions will be proved wrong: If FEED breaks down from the breakout and passes the bottom trendline of the bull flag, then it clearly hasn't broken out and my assumption that it's going to rise will be severely challenged and most likely, wrong.


2009-04-09_1432.png




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