Friday, January 17, 2014

Exit DSLV

I'm looking for an exit of DSLV. I consider this a bad trade, but not a loosing trade. I got in at 44.2, somewhat below the no 1 point in the chart. It was a bounce against resistance trade. But it hit the roof two more times at point 2 and 3 before weakening. It's been a two month wait and I'm still in the red. I expect it to hit the resistance floor soon and the I'll have a chance to get out of the trade with a small surplus. That would be good because I need to free some cash for other trades.


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