Watched and waited to see if there was another entry but the stock failed to show another uptrend leg into the close.
I am still bullish on this stock as it approaches the 200 SMA... will wait and see what happens on Monday.
Friday, August 7, 2009
LVS
Couldn't help taking another small momentum scalp this morning once LVS had a confirmation break-out above $12. Bought 100 shares at $12.10 with a stop at $11.98 and a price target of $12.98... The stock started showing fatigue around $12.70 and peaked around $12.80. Once there was a confirmed breakdown I decided to pull the trigger at $12.52.
Watched and waited to see if there was another entry but the stock failed to show another uptrend leg into the close.
I am still bullish on this stock as it approaches the 200 SMA... will wait and see what happens on Monday.
Watched and waited to see if there was another entry but the stock failed to show another uptrend leg into the close.
I am still bullish on this stock as it approaches the 200 SMA... will wait and see what happens on Monday.
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