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CSTR*, Coinstar Inc*

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CSTR*, Coinstar Inc*

Postby Exactrades » Fri Oct 26, 2012 9:17 am

For Today's Exactrade of the Day we are looking at CSTR*, Coinstar
Inc*:

*CSTR *is gapping down below support on the daily chart. Look to take
*CSTR* short on a new low below the open with strong volume. Wait at
least 2 minutes after the maket open and look to take it short once it
makes a new low of the day. If *CSTR *moves up at the open simply set
an alert at the low of day and take it short if it breaks that low of
day. First target is .40 from your entry, second target is .80 from
your entry. Manage the last piece with a trailing stop. Remember to
always use a stop.
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