Swing Trading and Technical Analysis - SPLS 12/16/08
December 17th, 2008 by Uncle Mike
SPLS Swing Trade
Today a buy signal to go long was triggered in SPLS. We entered at the open at a price of $16.72 and the momentum oscillator triggered a sell signal by late in the day. An alert was sent to all subscribers to exit prior to the close with minimum stop loss of $18.33 (which was used for record purposes). Subscribers exited from $18.33 to $18.50, for a minimum profit of $1.61 per share.
The system has had gains of over 22% this year, even in this down market. Take a Free Trial to the Swing Trading System (aka Mechanical Monkey ).
Uncle Mike
Relevant Tags:day trading, educational seminars, equities, indicators, individual investors, mechanical trading, momentum oscillators, moving averages, online trading, stocks and commodities, trading rooms, trading systems, trading education
Posted on Wednesday, December 17th, 2008 at 7:58 am
In
Mechanical Monkey, Equities, swing trading, Day Trading
Mechanical Monkey, Equities, swing trading, Day Trading
December 17th, 2008 at 10:04 am
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December 17th, 2008 at 10:28 am
[…] MetalMiner â?? Sourcing and trading intelligence for global metals markets wrote an interesting post today onHere’s a quick excerptSwing Trading and Technical Analysis - SPLS 12/16/08 December 17th, 2008 by Uncle Mike SPLS Swing Trade Today a buy signal to go long was triggered in SPLS. We entered at the open at a price of $16.72 and the momentum oscillator triggered a sell signal by late in the day. An alert was sent to all subscribers to exit prior to the close with minimum stop loss of $18.33 (which was used for record purposes). Subscribers exited from $18.33 to $18.50, for a minimum profit of $1.61 per share. […]