Stock Watch • MMR, McMoran Exploration

For Today’s Exactrade of the Day we are looking at MMR, McMoran Exploration: *MMR *is gapping down into possible support on the daily chart. Look to take *MMR *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 *MMR *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 .08 from your entry, second target is .16 from your entry. Manage the last piece with a trailing stop. Remember to always use a stop. To Your Success, Statistics: Posted by Exactrades — Tue Nov 27, 2012 10:12 am

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Stock Watch • MMR, McMoran Exploration