Long
Updated

SUNW - Buying more on the dip - looking to rebound to 38-40

1164
I originally bought NASDAQ:SUNW at 4/share and I've been really happy with this purchase - I've taken profits when it was in the 20s. But now I'm buying back in as it bounces off the .50 retracement. I'm hopeful that it'll bounce to the upper 30s or lower 40s.

These are my own thoughts - please check your work!

Good luck!
Trade closed: stop reached
I closed this position having tripped my stop loss. Here's what I was seeing and why I believe this will travel further down.

* the 9 day MA crossed below the 20 day MA

snapshot

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