Friday, July 16, 2010

$3.12 - BUY North American Palladium (PAL)

Exciting first hour of trade today.  Gold still holding at $11912now. 
This chart, PAL, has a lot of characteristics I like to see for a buy.  Price has been a war along a long downtrend line, TSI is right near the ZERO crossover line, Money Flow has already bottomed and been trending higher as I presume smart money has been accumulating.

I just bought more PAL at $3.09.  I will NOT include this on my trading record as it is essentially the same price and stock as my first purchase a few minutes earlier.
Click on the chart to ENLARGE

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