The Canadian markets were open today and they usually don't do too much damage when the U.S. markets are closed. I placed a buy limit order to buy Encana -ECA-TC at $54.00 which was just above the two day trendline. I was filled on the open. At lunch I moved my stop up to $55.50. I was stopped out in early afternoon for a 1.5 point gain.
Monday, May 29, 2006
Trade of the Day - ECA-TC
The Canadian markets were open today and they usually don't do too much damage when the U.S. markets are closed. I placed a buy limit order to buy Encana -ECA-TC at $54.00 which was just above the two day trendline. I was filled on the open. At lunch I moved my stop up to $55.50. I was stopped out in early afternoon for a 1.5 point gain.
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