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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Thursday 27 June 2013

SWHC

someone asked me where to put your stop if you are long this stock.First I am not a licensed investment advisor but speaking from a purely technical perspective I would operate from the assumption that we have gapped up out of a base formation and that it "should" break upwards and will be supported by the 20 amd 40 dma so you could trail a stop under one of the moving aves depending on your risk tolerance. I would probably abort the bullish view if the lower (upward sloping trendline) broke


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