Wednesday, September 21, 2011

SIEMENS - Long on weekly.

SIEMENS went long on the weekly charts at 872.00 with a stop of 832.00 for a target of 1011.00. The stock is having a tight range bullish trend on the monthly charts which gives a potential for the run up. The risk to reward in this trade is at 2.65. 
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2 comments:

  1. Trade for a LivingSeptember 21, 2011 at 5:31 PM

    Market ends flat, SIEMENS flies past. SIEMENS stock showed good momentum in the directionless market today, inching to profit on our Weekly long trade.

    ReplyDelete
  2. Trade for a LivingSeptember 26, 2011 at 9:38 AM

    Move stop loss to 842.00, re-visit long at 793.40 with a stop of 751.90 for a target of 1007.00

    ReplyDelete

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