[Entering Position in Palm, Inc. (PALM)]
Dear Member:
Palm, Inc. (PALM) has crossed above the 40 day moving average and has been making a slow upward move on gently increasing volume over the past few days. DMI has crossed to the positive side. I like the stock at $17.37 or better on a day order. There is a convenient exit on a break below $16.60 if I am filled and turn out to be wrong on the direction.
DISCLOSURE: At the time of publication, I have no position in PALM.
Sincerely,
Bill Kraft
|
