Tuesday, July 26, 2011

7/26/11: $2.24

-0.04 (-1.75%)

74,491 shares traded! That's pretty lame.

Don't have much time so I won't go into a lot of detail, but for those who paid attention today, CNIT hit $2.21 again and came back to $2.25. I'd wager tomorrow will at least see $2.30-$2.31 for a little bit, regardless of where it ends up. You know what that means. Daytrade the range. Not to mention if you had bought in yesterday at $2.19-$2.21 you could have sold today around $2.30. That's what I did. Temporary downtrend doesn't mean you can't be money long.

No comments:

Post a Comment