TRLG, True Religion Apparel
Posted: Wed Oct 10, 2012 9:17 am
For Today's Exactrade of the Day we are looking at TRLG, True
Religion Apparel:
*TRLG *is gapping up into possible resistance on the daily chart. Look
to take *TRLG* 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 *TRLG *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 .26 from your entry, second target is
.52 from your entry. Manage the last piece with a trailing stop.
Remember to always use a stop.
Religion Apparel:
*TRLG *is gapping up into possible resistance on the daily chart. Look
to take *TRLG* 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 *TRLG *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 .26 from your entry, second target is
.52 from your entry. Manage the last piece with a trailing stop.
Remember to always use a stop.