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Showing posts with label support. Show all posts
Showing posts with label support. Show all posts

Saturday, May 01, 2010

American Greeting Short

Here is a stock I may look at shorting for next week American Greetings (AM). I've labeled the support/resistance areas and it looks like it could be setting up for some more pullback. For disclosure, I have yet to enter a position in this trade and may not follow through with it, just wanted to point out something that peaked my interest