I received request regarding AMMD stock. It was little surprise for me because I want to trade this stock now too.

AMMD pulled back and made breakout from bullish stock chart pattern. I would like to enter trade in move above 18. But if AMMD will do pullback back to 17.50 area, then such pullback is also opportunity for low risk stock entry.

But this stock trade is against main stock market trend. So I plan to enter it with half position size only.

AMMD bullish stock chart pattern

This entry was posted on Thursday, September 25th, 2008 at 7:39 pm and is filed under Stock pick, Swing trade commentary. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.