20050906 Good movement up to test the moving average resistance as expected. Wall St had good showing the day after Labor Day in the US, which is seasonally a trait of the US indices. Expect some strength in the morning for FKLI. But would wait for blue chips here to exhibit some strength in buying then take a short for scalp trade. However this is a higher risk type trade and does not fit everybody's risk tolerance.
0 Comments:
Post a Comment
<< Home