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Long Position in Tatas - Eye Catchin'

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September 28, 2012 – Comments (0) | RELATED TICKERS: TTM

It's been a very active day for me for the most part. I've added a number of positions (four in total), closed out WYNN earlier this morning for almost 7%, (only to get back in it again) and now my total count for the day is three long positions and one short position. 

The latest trade is here in Tata Motors (TTM).  One thing about it though is it has a ton of gaps on the chart, so the possibility exists that the stock could gap right through your stop-loss. It's by far the best setup I've seen on the day though with all the eye-catching patterns, and I'm long at $25.50 with a stop loss at $24.27. 

Going Long in TTM at $25.50

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