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Bought PCLN at $515.51



May 18, 2011 – Comments (0) | RELATED TICKERS: PCLN

I didn't get a chance to post this trade as a stand alone article (though I did on the trading ticket for everyone) earlier today, so I wanted to take some time this evening to do exactly that. I believe that this trade is good to take all the way up to $520. After that, you've missed the ideal entry. I am targeting a move at least in to the $530's and perhaps even into the $540's. The volume has been improving the last two days and managed to bounce off of an important long-term trend-line.

Here's My Chart Analysis on (PCLN)       

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