Posted On: 11/26/2012 4:05:13 PM
Post# of 474
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Good day for both swing trades
$DWA ended the day 13 cents in the money. It basically got down to 17 bucks and traded down there until the final 20 minutes when it popped. This is a very good support level as the stock is oversold into a major support and should see a pop.
$AKS fell back after opening within 3 cents of my initial target of 4 bucks. It held the intraday 3.80 support line, though. Be sure to have a stop in place as this stock could actually reverse back down quickly if it does not create a sideways pattern this week. Don't be greedy, the stock is in the money pretty decently.
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