$SBUX closes down 61 cents from short alert My da
Post# of 474
Posted On: 10/17/2012 5:54:55 PM
$SBUX closes down 61 cents from short alert
My day trade short entry of 49.09 was on the mark from this morning, and had I held it would have been my day trade of the week. Unfortunately I tend to play at safe and took my position of at 48.85 for the first half, and 48.77 for the second half for a nice gain.
The stock did not retrace to 49 in the lunch time hour as expected so if you missed the swing trade entry that is fine, see if it can retrace to the 50 DMA but don't chase it.
(0)
(0)Scroll down for more posts ▼