MCLEODRUSS has closed at 303.95.
2.40 % UP bar. This stock is in a short term uptrend with a breakout today. We always
believe that all the breakouts are worth trading and taking a chance to go
long. One can accumulate this stock at
current market price and accumulate more
in case it comes down till 295. One can see the targets of 313 and 322. Once closed
above this level, one can trail the Stop Loss for higher targets like 330 and
above. A closing basis Stop Loss must be kept at 389. A close below this level
will negate all the upper target, at least for the time being.
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