LH : Buy on the dip
March 6, 2011 Leave a comment
True has come down to 6 or so several times in recent weeks, always to rebound to 10% or so.
This time, if it comes off to 5.90 intra day we will consider a rebound trade, with an initial target at 6.30 and a stop loss at 5.75. We’ll consider a stop at 5.40-5.45.