Today (4-14-10) I added DLTR, as I view its consolidation pattern as very bullish. After its huge move on March 22, the stock has remained rangebound between 58.50 and 60.30. DLTR tested that 60.30 area today, only to pull back later in the day. Notice also how the 20-day moving average has been acting as support as the stock has been making higher lows over the past few days. My stop is set at a close below 58.40.
No comments:
Post a Comment