Market Curiosity: Exploring Markets And Systems

September 21, 2012

CVLT – 6 month long trend line is being back tested. (update 1, Sep 21)

Filed under: Just Watching — Tags: — Jeff Fitzmyers @ 11:00 am

+ Short ratio is 5.8.
+ IBD stock.
+ Float of 42 million.

Buy stop around 56.83.
Stop loss around 54.25

Update 1 September 21: Canceling order since there was an opening gap and now a big candle wick above. Plus, the medium term RSI is near 70, and it could be argued a short term small double top is in place. I almost always use a stop with limit order when entering positions because it’s not fun to be filled at the day’s high on a large gap up. 🙂

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