HD Call Entry

I picked up 25 Feb 62.5 calls on HD for 2.10.  The stock is in a bullish mode trading above rising long term moving averages.  In the last days, HD has bounced off the 7 day moving average and is trending higher.  I will use the 7 day moving average as my stop point and look to ride the trade to the $65 level of resistance.

hd

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Posted on January 15, 2013, in Jeffs 3k-100k. Bookmark the permalink. Leave a comment.

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