Friday, July 10, 2009

SUN


Bought a position in SUN @ $22. There are bullish divergences on the stochistic, MACD and directional. The refiners have been way oversold.

I have placed a stop at $21.45 which was Wednesday's low (07/08). Looking for a target to $26. Adjust stop to $24 if we reach $24 or higher to lock in profit.


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