Sunday, October 11, 2009

Tim Sykes' RODM trade, Sept 28, 2009

RODM chart
Here a bullish trade was placed exactly as RODM broke out of the range's upper boundary at $5.65. Profit was taken at $6.09. These data are from TimothySykes.com web site. Note the the volume peaked on that day. Even though RODM is frequently in the news as not only the company itself but their clients mention them in their press releases, there were no news on the company that day.

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