SE-ED : Possible swing trade to or very near 12
April 18, 2011 Leave a comment
SE-ED has seen strong volume over the past fortnight near 10. It looks as if it is ready to rally to 10.60-10.70 soon, and we suspect it will hit 11 quite easily. If momentum builds, then a move to or very near 12 could be be seen within 3-4 weeks from now, possibly much sooner.
Entry at 10 or so seems worth a look.