Tuesday, 7 June 2011

Stock buy: MXIM

I initiated a long position in MXIM today, we have come off quite a bit in the last week, and the price has gone outside its Bollinger range, thus I'm looking for a snap back in the next week. But will be quick to bail if this doesn't happen.

Entry:26.00
Exit 24.00
Target 28.00

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