The gap is almost filled and State Streat has reached previously strong support on the retracement. Volume has declined and most daily indicators are back to neutral. A good stop on this seems like the falling 50 dma, currently $34.37 which might also act like resistance.
Friday, February 06, 2009
I'm shorting STT here
The gap is almost filled and State Streat has reached previously strong support on the retracement. Volume has declined and most daily indicators are back to neutral. A good stop on this seems like the falling 50 dma, currently $34.37 which might also act like resistance.
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1 comment:
I'm out of most of this position here at 26.50 now for ++. Holding some for much lower.
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