Senin, 27 Februari 2012

MHS

MHS was not that impressive a breakout but they are on the leadership list, so I should take a look at it. They reported last week (I'm not sure what day) but for some reason the reaction did not come until today. I don't know what that big down day earlier this month was about, but the 50dma proved to be support and that turned out to be a buying opportunity. There isn;t much of a base here, and I wasn't real enthusiastic about buying it, so I put in a limit buy order just above where it opened, figuring there was no way it would get hit. It did, so I am the proud owner of this POS.
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