Two Breakouts For Longer Term Trade

By msadmin | October 29, 2009
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Submitted by The Ambitious Trader: Stocks, Trading, Investing..My Ambitions as a Trader and Investor

Two Breakouts For Longer Term Trade

PEET and QTM

Bought a bit of both before the market closed as both stocks broke out on high volume and closed near the top of their range on an otherwise truly depressing market action kind of day. While they both may pullback from this point, odds are, they should head higher.

PEET (in at 32.05), QTM (in at 1.98)

Looking at: HPJ (rebuy on a bounce), CLFD (rebuy on a bounce)

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