I originally bought NASDAQ:SUNW at $4/share and I've been really happy with this purchase - I've taken profits when it was in the $20s. But now I'm buying back in as it bounces off the .50 retracement. I'm hopeful that it'll bounce to the upper 30s or lower 40s.
These are my own thoughts - please check your work!
Good luck!
These are my own thoughts - please check your work!
Good luck!
Trade closed: stop reached:
I closed this position having tripped my stop loss. Here's what I was seeing and why I believe this will travel further down.
* the 9 day MA crossed below the 20 day MA
* the 9 day MA crossed below the 20 day MA
I'm not a financial advisor and I'm not offering financial advice. Everyone should do their own homework before making any decisions!
Good luck and I'm always interested in what you think.
Good luck and I'm always interested in what you think.
