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EW, Edwards Lifesciences

Posted: Tue Oct 09, 2012 9:03 am
by Exactrades
For Today's Exactrade of the Day we are looking at EW, Edwards
Lifesciences:

*EW *is gapping down into possible support on the daily chart. Look to
take *EW* long on a new high above the open with strong volume. Wait
at least 2 minutes after the maket open and look to take it long once
it makes a new high of the day. If *EW *moves down at the open simply
set an alert at the high of day and take it long if it breaks that
high of day. First target is .90 from your entry, second target is
1.80 from your entry. Manage the last piece with a trailing stop.
Remember to always use a stop.