BAY : 25.3-25.7 a reasonable target for coming hours of trade
February 28, 2011 Leave a comment
BAY looks as if it will at least post a challenge to the 25.30-25.70 resistance on March 1. First support is 24.30-24.40, and speculative entry at this level for a move to 25.30 or so over the next few trading hours is worth consideration. Use 23.85 as a last ditch stop if you’re just trading for short term gains, and maybe 24.15 if day trading.