SKF is resting on the 100 day moving average (dma) with the 200 dma holding follow up support 7 points lower at $120.00. we are currently long 1/4 position from $123.05, lets add another 25 shares here with a stop for all 50 shares under $120.00 say $188.93.
Buy 25 shares SKF @ $127.31
Sell stop 50 shares SKF @ $118.93
Tuesday, October 21, 2008
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