[Entering Position in Ppl Corp (PPL)]
Dear Member:
It looks like old favorite Ppl Corp (PPL) may be providing another opportunity as it bounces up off both the uptrend line and a horizontal price support. I am placing an order to buy the stock at a limit of $35.25 for the day. Initial exit would be a drop below $34.80 if I am wrong on the direction.
DISCLOSURE: At the time of publication, I have no position in PPL.
Sincerely,
Bill Kraft
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