Friday, March 17, 2006

Trade of the Day - TEK

TEK gapped up on high volume. After a shallow pullback and consolidation, I entered the trade on the break of the consolidation high. I exited 50% of the trade when it started to consolidate near the $36.70 area. I was stopped out on the balance. I re-entered the position in the last half hour as momentum built into the close.

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