Wednesday, April 4, 2012
Stopped in: DSX, AMGN
I kept my buy stop orders too close to the market and got stopped into two positions on "noise". I like both charts but this was poor order placement. AMGN has this 3 month flag pattern and I'm hopefull it breaks to the upside. Turns out 68.15 was not the trigger I hoped it would be. It has still stayed strong in a week market.
DSX looks like it could break out and make a nice run towards 10. 8.96 as a buy was too low. I should have waited until a push over 9.15 or so with volume. DSX has pulled back but it has a nice range of support in the 8.50 range. Today was a brutal day in the market and DSX dropped over 3%. I would hope this holds.
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