Friday, 18 March 2011

Stock buy: SAFT

I opened a new position long today in SAFT, today at 45.34. Entry could have been slightly better, but the stock has support at 44, which is resting on the 200 day moving average, hopefully it will hold around here and bounce, but a drop below this will force me to bail.

ENTRY: 45.34
Target:51
Stop: >44

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