Sunday, April 15, 2012

$VHC chart and setup

9jun - been a while since i visited this one, if you got in on the setup from 15apr below, keep raising your stops as the stock moves up. your next buy point if you can add more shares is a break of the recent high near 36ish. above average volume is preferable.

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15apr  - setup for a possible trade, a break above the recent high near 27 would be entry point. use about a 1-1.5 dollar stop. above average volume would be helpful on the breakout.

follow me on twitter @mark_lexus for more free charts, setups and trades