Friday, December 4, 2009

Tim Sykes' DRAM trade, Nov 27, 2009

DRAM day chart Tim Sykes

This is a winning trade; looks like a short trade placed into a bearish trend. Tim sold at $4.17, bought at $3.78. On Nov 27, the stock opened with a gap down after a down day with a decreasing volume, which could have served as a signal -- but that's merely a guess. In that case, the trade was entered and exited on the same day.

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