Wednesday, July 19, 2006

Trade of the Day - Genzyme Corporation NASDAQ: (GENZ)

This GENZ tarde was the exact same setup as yesterday - a consolidation breakout above $63.00. The only difference is that today it worked out perfectly. Good for almost 2 pts.

I also traded the NVDA setup which I had originaly wanted to buy on a pullback to $18.50 (yesterday's post market low), but it never reached that level. So I picked some up at $18.75 and sold them at the same time as I sold the GENZ for a 1 pt. gain.

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