$BAC at 200 WMA, still holding My $BAC short at 1
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$BAC at 200 WMA, still holding
My $BAC short at 11 bucks continues to move and I continue to hold. I was looking at possibly exiting but I will give myself two signals, a close above the 200 WMA or a 10% stop out. If either of those conditions are met, I exit.
A vertical move to the 200 WMA however, after stuttering a little bit at 11 bucks should give me good odds on a decent sized pullback.
[IMG]http://i.imgur.com/bbeQ1.png[/IMG]