Trading Journal – ASIA Ready to Breakout?

April 26th, 2010 by 1stmilliondollar Leave a reply »

ASIA

As you may know, we have a position on ASIA since early March. The stock had a pretty nice rally today, it jumped more than 7% with relatively high volume.

It is going to test resistance at $32, which is last’s highest price back in December last year. Should the stock broke this resistance, we are planning to add positions to ASIA. If it is not breakout, we may close some of our position and take a profit.

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