Buy stop: 39.25
Stop loss: 37.80
+/- Weekly RSI at fulcrum point?
+ NR7 bar on near term EMA and Bollinger Band support.
– Low volume.
+ EMA’s heading up.
+ Seasonality likely bottoming.
Turd Ferguson: A Look At The Latest CoT
August 16: Moved stop loss up to todays low. Price probably should have launched up today. Instead it was a narrow range 7 day.
August 17: Moved stop to break even.
May 2, 2012: Closed the trade — did not track it and don’t want to look it up right now 🙂