[Buying Labor Ready Inc (LRW)/Day Order/Limit $24.60]
Dear Member:
I like Labor Ready Inc (LRW) just below $24.60. It has been moving up fairly steadily on increasing volume over the last several days. It is quiet so far today. I would look to exit on a close below the trend around 24 if it turned against me so the risk absent a gap is in the 60 cent plus range. First target is around 26 so the reward to risk calculation is ok.
DISCLOSURE: At the time of publication, I have no position in LRW.
Sincerely,
Bill Kraft for
Makin' Hay, Inc.
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