NEW BULLISH Plays
Cray Inc. - CRAY - close: 19.86 change: +0.51
Stop Loss: 18.95
Current Gain/Loss: unopened
Entry on March -- at $--.--
Listed on March 02, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 419 thousand
New Positions: Yes, see below
Why We Like It:
Shares of this supercomputer manufacturer have rallied to multi-year highs. Traders bought the dip on Wednesday and now the rally is pushing against resistance at the $20.00 mark.
I am suggesting a trigger to open small bullish positions at $20.15. If triggered our target is $22.25.
Trigger @ 20.15 *Small Positions*
Suggested Position: buy CRAY stock @ (trigger)