Warning: Following my trades may be hazardous to your financial health. See Disclaimer.

Friday, February 10, 2012

CPST - Reload

Earnings disappointed.  I am still keeping my positions in IRA from 1.20.  Took profit for my swing trade at 1.50 target on 50 Fib.  Now, initiate another swing trade here at neckline, 200 day EMA, and 20 day EMA confluence of support.  Price may overshoot till the up-trend line or 200 day SMA, however.  So not aggressive here but want to be stay in play.

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