Tuesday, 12 April 2011

Stock Buy: BTU

I initiated a long position in BTU today and it has pulled back to trendline support. Although its broken through as I write, but ill give it a bit of breathing space and see how it goes. I wont be hanging around for long though if we are looking at another correction in these markets.

Entry: 64.80
Take profit: >75
Stop loss:60

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