Saturday, May 11, 2013

ALXN day trade

Check out how to play ALXN. It can be played at open on the 1st 5 min high but exiting the position at $100 since that is a big round and physiological resistance.
Once it clears that level and holds 100, one can buy again later and add to the position and exit towards the end of the day because of the steady move. See on the 5 min it never went below the 20MA. Great play