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发表于 2011-1-25 01:45 PM
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Cobra Lao da, I bought CBI at average $34 currently. Can I set a stop loss at $32.00
what 's your s ...
zhang62188 发表于 2011-1-25 11:44 
The risk of go down from here is very high. For swing trade set the stop loss at $31.50; for position trade set the stop loss at $27.50. Although the weekly chart is still in a up trend, but this time the daily down trend wave since 19 is strong enough to propagate and affecting the weekly up trend. A safer play is to exit right now and get back in later when the daily trend is reversed while the weekly trend is still up. However, since 19, the hourly chart has no sigh of reversal yet. |
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