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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,405 Blog Posts

LDK: Long Idea

RaginCajun Tue Jun 14, 2011 10:54am EST 2 Comments

I took a swing at $LDK today as it broke above the 20 day moving average. The stock could be putting in a short term bottom and I like it from a risk/reward ratio, (risk 20 cents to make a buck).

Target 8+

Stop: right under $7

20 day chart:

Shout out to my man ChessNwine for the idea.

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2 comments

  1. Darwin
    Darwin
    June 14, 2011 at 3:40 pm

    Rage, you looking at possible GAP fill @ 8.10?

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