I held 50% of my BRCM position as outlined here last night. When BRCM broke resistance and used it as support, I reloaded to full share size. Going into the last part of the session, I noticed that BRCM would not be able to close above its 20 day MA on the daily chart, so I sold my enitre position.
Wednesday, June 21, 2006
Swing Trade - BRCM
I held 50% of my BRCM position as outlined here last night. When BRCM broke resistance and used it as support, I reloaded to full share size. Going into the last part of the session, I noticed that BRCM would not be able to close above its 20 day MA on the daily chart, so I sold my enitre position.
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