Thursday, July 23, 2009

F (Long)...

I like F as a long here. Like many of the recent picks, F broke out following earnings today of a multi-month base. And, like those other picks, I wouldn't be chasing it up here. I would like to see F fill today's gap on low volume and hold above the multi-month base. If it falls back into the base, we know it's not ready to go higher quite yet.



Position: none

No comments:

Post a Comment