Stocks for the Rest of Us
UMPQ Trade Update; Take Profits
Pigs get slaughtered. If you took the long side trade in UMPQ that I mentioned a few days ago I would consider taking profits here. 10% in a few days is nothing to sneeze at and in this environment you should take what you can get. It may go higher but being greedy will only lose you money in the long run. Take Profits!!!
| Print article | This entry was posted by brian on December 3, 2008 at 12:01 pm, and is filed under Focus Trades. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |
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UMPQ, Regional Bank Could Be Good For A Trade
about 1 year ago - No comments
This little regional bank could be good for a trade. As you can see, 11 has been prior support for quite some time. As the stock pulls back, consider getting long around 11 with a stop just under that. Buying close to support with a tight stop will help minimize losses and keep you in More >