Monday, January 17, 2011

Ks Energy, StamfordLd Swing Trade

StamfordLd closed 0.67, a stock on a powerful uptrend, as we can see there is a surge in volume for the past few week and the stocks corrects for 4days supported by 20ma, it might be a good opportunity to get in when it resume it's uptrend. Can consider entry at 0.68, Stoploss at 0.655, target:0.725 Timeframe 3-5days. Only buy if the entry price is hit, do not enter if setup is not triggered.

KS Energy closed 1.12, Same setup as Stamfordld. This stocks is on powerful uptrend(above 10ma), Entry: 1.14, Target: 1.19, Stoploss: 1.11, Timeframe 3-5days