Monday, May 18, 2009

Hammy Trade: SIGM

SIGM showed its volume in a run-up by the end of the day. It showed a solid triangle break-out formation, with volume confirmation.


UPDATE 5/21: Got in at 14.54, out at 15.56.


Why I sold: the market is getting a little dicey. I wasn't going to be watching the screen for a while, and decided to put a 3% stop on the stock as an insurance policy. later today i might get back, check it out, and reevaluate.


No comments:

Post a Comment

 



script type="text/javascript"> var gaJsHost = (("https:" == document.location.protocol) ? "https://ssl." : "http://www."); document.write(unescape("%3Cscript src='" + gaJsHost + "google-analytics.com/ga.js' type='text/javascript'%3E%3C/script%3E"));