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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,405 Blog Posts

Addicted Pt. 2

RaginCajun Tue Jun 2, 2009 1:47pm EST 7 Comments

Here’s another small cap that may be ready to explode.

AXL:

I bought @ 2.53.

Note: Sitting right below the 200 day moving average, it will be tough to get above it.

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7 comments

  1. AU CONTRAIR
    AU CONTRAIR
    June 2, 2009 at 3:20 pm

    your (FLOW) is back in play now…near recent hi

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  2. Ring
    Ring
    June 2, 2009 at 3:23 pm

    good going…

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  3. jamal
    jamal
    June 2, 2009 at 4:33 pm

    AXL for short term(1 or 2 days) or long term play?

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  4. Bull
    Bull
    June 2, 2009 at 4:38 pm

    Hey for the MA’s, do you use simple or Exponential? What do you think is better to use? Thanks!

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  5. Peon
    Peon
    June 2, 2009 at 5:23 pm

    the MAs he has in the current chart are simple.

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  6. RC
    RC
    June 2, 2009 at 5:39 pm

    simple.

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  7. ML237
    ML237
    June 2, 2009 at 5:40 pm

    Yeah they’re simple although I prefer to use the exponential for 200 and 50 (more directness to recent prices) I do switch and look both if looking closer at a trade.

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