DKS moved up decisively yesterday on higher volume. For the trade to continue to work, it must remain above $54.40.
GM also moved past recent resistance around $38 which needs to hold . It is facing supply between $39-$40 reached a few weeks after the stock went back on the market.
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DKS Weekly Chart
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GM Weekly Chart
About Stock Trade Journal
The information in this blog is not investment advice. Please consult a financial advisor before investing. I have been trading stock since the 1990's and survived the .com crash. I am developing software applications to help me trade better and now I am making them available to help other traders.
This blog is also a way to share my experiences and observations in the market.
