Friday, April 26, 2013

Weekend thread


Friday afternoon

DECK Daily (11:35AM)
Click on chart for better view.
I'm watching an old favorite.  Probably not a buy today.  I'd like to see it fill the gap (52.85) or maybe come all the way down to the 50 day (51.04 now but it will be a little higher next week.  It's a math thing.)

If the stock pauses around 53 I would likely take a small bite (1/4 position) and add on strength or add if it falls to the 50 day and then bounces.  The 50 day would then be the stop.  

Friday morning