AOL
AOL Day Trade (Brad Reed Jan6,2015)AOL expected to open at 46.88 for a Perfect Gap N Go. To learn to trade this strategy for free, go to www.RealLifeTrading.com
AOL h-patternAOL is curling down below all key moving averages, after it failed to hold above $40. Stock was hardly beaten on its previous earnings report and since then covered part of those losses on this strong market. Anyway, still under preassure consolidating in tight pattern. I will initiate small position here and will add on break of $38 with tight stop above $39.50. Will keep this idea on my radar till it trades below $40. My target is $35.60-$36.00.
