XLK Reaches First Target

Thursday, June 11, 2009

The first target was achieved in our technology trade today. The trade was to enter a long through $16.20 looking for a gap fill at $18.55 and then a further move to the $20 area. This first target has offered a return of 14.5% over 2 and half months. Profits can be taken here and stops moved to flat on the remaining position.


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