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STV T1 hit

STV has already hit the top of T1.  although volume is slight above the recent (and historically low) volume, it is still below levels that i'd like to see on a breakout of such a nice looking pattern.  price rules and everything else is a distant second so you'll decide how much, if any, profits to take here if you took it.  at the very least, consider raising your stops to protect profits.  as discussed in the video trade-ideas overview last night, i still like this pattern for a longer-term trade if the market continues to hold up going forward. here are the charts in order as posted here, including today's updated chart:

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2012-04-09T18:52:49+00:00Feb 6, 2012 1:11pm|Categories: Completed Swing Trades|Tags: |Comments Off on STV T1 hit