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Thread: Market Watch -January 2013

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  1. #29
    siriusly_invested is offline
    Hey Bass, might I take this opportunity to gloat on a bit of fortuitous action as regards my call on SBUX early last week? Recall I was observing a pending three-touch of the lower trend line which coincidentally aligned with a gap at $54, and was immediately following a Golden Cross........ My buy order at $54 filled last Tuesday, and this morning the stock hit $57.27 before backing off a few cents. I'm waiting to see if it wants to slide more, and if so, then I'll take my profits and wait for the next buy opportunity. Otherwise, I'm thinking of a trailing stop to maximize gains if it decides to go higher. Here's a snapshot of a few minutes ago:
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