Tuesday, December 13, 2011

Trade Idea COH (short)

This is an idea that came from the scan I ran over the weekend.

Here's the scan itself on COH
The set up is in yellow and the trigger is in red, a break of the 50 day moving average probably makes for a good entry, but it is best broken and holding on the close. If you are interested in the trade, email me for more details. The last swing entry produced a nice gain from $69 to $46.50.

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