Momentum Stock: Longs Drug Stores (LDG)
November 14th, 2007 • Related • Filed Under
Here’s a new play for your investment portfolio. I just received two buy signals from the MACD and DMI indicators.
On the daily charts, I’m seeing continued above average buying pressure which will certainly help in justifying the breakout.
If momentum holds and we get another big day it could be goodbye horses.
Our recommendation: Buy shares of LDG at or near 53.52. Place a 5% stop loss
Good investing…
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