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US Stocks Trading Dairy

Welcome to my trading dairy! I am totally new to trading, started this blog to jot down my analysis on the US market. Hope these homeworks will accelerate my learning curves in trading and in the long run master the art of trading and trade for a living. DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings. Copyright © 2006 US Stocks Trading Dairy Blog. All rights reserved.

Tuesday, April 22, 2008

COVIDIEN LTD - COV


Sector: Medical
Industry: MED/DENTAL-SUPP


Stock Scouter Rating - 9
Next Earnings 5/5/2008

4R1G signal triggered on 18th April. On Monday, the price went above the highest value of $46.68, hence I went ahead with a CALL option with entry point $46.5.



.COVJI OCT 45 CALL @ $4.60



Lowest cut loss level $43.83 but lookout if it breaks the 22day MA.


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