Slip Sliding Away

  • July 2, 2002
  • Duke Heberlein

First pullbacks are many times a good place to
look for an entry point on intraday trend trades.

 

10:05:36

Intraday Setup Alert

Cardinal Health (CAH)
is breaking down out of a counter trend rally. CAH is down 3.19 to 54.25.

 

 

 

The stock falls more than 6 points out of the pattern. We don’t
know how long the move will last, but if you are looking at the right stocks and
manage the trade correctly via trailing stops, you can take advantage of the
bulk of the move.

Until tomorrow,

Duke