Trade Update April 18th, 2013, 2:20 pm: CMI finally broke important 110 support this week, and has sold off down to near the 200 day moving average at 103.65. Given that my trade is now …
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Trade Update April 10th, 2013, 11:33 am: CMI’s rally so far this week has obviously caught me by surprise as it is up 5% since I initiated this trade on Friday.
Continue readingI targeted the important 110 support level for a trade in CMI that I took off last week, as I expected global industrial weakness to affect the stock. What to do now that the stock …
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