For the hundred millionth time man, buy strong stocks on pullbacks...not when they are making new highs. That way your stop-loss can be much smaller AND you will be in the stock as it makes new highs. I made money in $QCOR and lost in $TPX. Could have made so much more just by following that simple plan. Concentrate man!!! Bad Boy!
Wednesday, July 27, 2011
$MCHP 33.50 Now support? Above 34 Likely?
I had previously mentioned 33.50 as possible fading level for MCHP...but it now looks more like support than resistance.
http://jpotrading.blogspot.com/2011/07/mchp-fading-moves-to-3350-area.html
http://jpotrading.blogspot.com/2011/07/mchp-fading-moves-to-3350-area.html
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