Wednesday, July 29, 2009

Trade 35 TCL: Toll FEVER!

Picked up 570 tcl @ 4.33.
Another infrastructure company, and now all of a sudden my whole bankroll in interactive is invested. WAY to invest everything when the market seems to be stalling, donkey trader!

TCL is resting on two resistence lines, volume has been falling after recent breakout of the 4.29 range - suggesting consolidation.

I have stop tight at 4.20, and potential short term target of 4.79. 9c/66c ratio.