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STV long set-up

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STV long set-up

STV is just barely starting to poke above this key downtrend line.  i'm not buying any yet but i might if i see prices continue to move higher, especially on increased volume.  targets TBD, stops at a comfortable level below your entry point.  keep in mind this is a low-volume stock.  although low-volume stocks can move up very quick if there is an imbalance of buyers vs. sellers, that can and often does go the other way too.  less experienced or more conservative traders/investors should try to avoid low-volume stocks.  one must also be cognizant of the spreads (bid vs. ask), and might consider using limit orders to buy and sell vs. market orders.  as always, DYODD.

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2017-03-08T21:22:57+00:00Feb 1, 2012 2:21pm|Categories: Completed Trades - Long|Tags: |Comments Off on STV long set-up