Buy SU at $18.60?

 Should I buy SU at $18.60?


Why? 3 reasons...

- Supertrend buy signal appeared 3 days ago.

- Pivot Point resistance at $18.53 may be the support may. 

- Price is above all the MA which just crossed each other. 

One more reason...

- A strong buy analysis...


Cut loss if it falls below $17.21.

Target profit sells price at $20.69.


~ the rookie trader

PS:

Done... Bought it for $18.60.

PPS:

Most stocks went down, including all that I am holding... EXCEPT...

3 items in my buy list are making big moves.

AVGR 32%

ZOM 14%

SWI 6%

Why did I not buy them?

- queued at a pivot point support price which it didn't touch.

- NOT ENOUGH CAPITAL TO QUEUE for more. 

- Doubtful they will go up some more. 

What can be done better?

Get for capital.

PPPS:

- Chased TNXP for 3 days.

- Can't catch the pivot point support. Coz it kept rising. 

- Probably will buy at the current price. 













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