Thursday, June 27, 2013

Power Grid

Power Grid

Power Grid is moving in a down ward channel. Stock retraced the fall yesterday. Stock is now at the upper end of the channel. Stock could not give breakout and close above 108 then go short on the stock for targets of 104/102 with SL at 108.45

If stock closed above 108 then go long on the stock to see 112/114

1 comment:

  1. Looking at the market strength.We entered the stock around 106.50 levels to see the breakout of the channel. Stock did as we expected and hit our targets.