Friday, June 12, 2009

6.12.2009 Long ISIL and NTRS


This morning I bought Intersil (ISIL) and Northern Trust (NTRS).  

I had sold Intersil a few days ago since it had run up so quickly.  I sold it at $13.20.  This morning I was able to get back in at $12.92.  The chart still looks very positive, and I'd guess that it will get back up to above the $13.50 level in the next few trading sessions. 

NTRS's Ichimoku chart is above.  You can see that the buy signal of the blue over pink line crossover occurred a few days ago, it tried to push through the cloud, failed and has retreated a little.  Chikou span validation while not currently occurring will occur in the next 2 sessions at current pricing.  I'll set the stop at $54.  I bought it at $55.00

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