TRADE ALERT: $DWA at $17 Dream works, ticker symb
Post# of 474
Posted On: 11/26/2012 12:01:09 PM
TRADE ALERT: $DWA at $17
Dream works, ticker symbol DWA is a favorite day trading stock of mine. It recently gapped down and knifed through the 200 DMA. Today it is hovering just above a major support level at 17 bucks where it spent much of the month of August.
I'm eyeing this for entry for a quick swing trade bounce with an initial target of 18 bucks or whatever the bounce looks like inside of the next 7 days should it occur.
Stop loss is 10% or a technical break of 17 on the downside.
[IMG]http://i.imgur.com/wLY0a.png[/IMG]
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