[Opening Position in China Grentech (GRRF)]
Dear Member:
I am placing an order to open a position in China Grentech (GRRF). The stock has just bounced up off an uptrend line on both the daily and weekly charts and MACD is positive. In the event I am wrong on the direction, there is a convenient exit around $4.60. I am placing an order to buy shares at a limit of $4.98.
DISCLOSURE: At the time of publication, I have no position in GRRG.
Sincerely,
Bill Kraft
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