Friday, October 8, 2010

Federal 8-Oct-10 (Update on previous Buy, Stop-loss triggered)

Entry Price: 0.125 (After XR adjustment) (27-Sep-10)
Exit Price: 0.11 (8-Oct-10)
Loss: 10%

Break-down of short-term uptrend (Blue line) coupled with relatively high volume.
However, possibility of forming double bottom and testing 13.5 upside to form a trading band.

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