Thursday, August 5, 2010

SEED

Take a look at SEED, it's broken out here and stands a good chance of making continued gains as it blew out from an 8 month old basing pattern on increased volume. Yes it is up a lot today, but for a stock to be in an uptrend, it's going to always be making new highs. The point is, if it does start a solid uptrend, at some point you'll have to buy it and it will never be comfortable as we have a very human thing for "Sale Prices".

Take a look, maybe you can try it with a tight stop.

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