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Long Play Updates

Dow Chemical - DOW - close: 54.35 change: +1.55 stop: 51.95*new*

DOW was showing lots of relative strength on Wednesday. The stock added another 2.9 percent on above average volume to breakout over the $54.00 level. Our target is the $56.00 region but readers may want to consider exiting for a profit anywhere near the $55 mark. We are going to raise our stop loss to $51.95.


 

Picked on February 11 at $52.01
Gain since picked: + 2.34
Earnings Date 01/27/05 (confirmed)
Average Daily Volume: 3.5 million

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