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Grail Short situation arises on Microsoft

 
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Iram
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Joined: 01 Jan 1970
Posts: 1052
PostPosted: Mon Mar 05, 2007 8:12 pm    Post subject: Grail Short situation arises on Microsoft Reply with quote
The last session alert provided by Tradestar's Grail points to the market may continue its sinking move. If prices slip down thru 27.76 open a short position. Note that if price pushes upwards thru 28.33 this possible trade should be abandoned - wait for a better opportunity. A sensible stoploss of 0.5700 points should be adequate. A far tighter place for the swing trade stoploss would be

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