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[RT] day trade CMTN



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Good morning

CMTN  is a powerful stock
just look at the chart
it is above 10 and 40 day m/a
macd is positive
p&f   reversal has  happened
but
it seems overbought
if opens  1-2  up   sell short  with stop@ 2.75 above the open
if opens   unchanged  (+ or -  1)   go long ,,
enter  1-1.25 under the  open   
DO NOT let it go more then  2 under the open
chart to follow by lenny
another  lower price stock with same  pattern  is ivig (IVIG)
trading involves risk
only use  capital you can afford to lose(risk capital)