Monday, July 7, 2014

Doral Financial Corporation (DRL)

How to trade a highly volatile stock such as Doral (DRL)
1) Rule one, don't chase it ! (No matter what the good news say)
2) They will face a pull back ! (90% of the time)
3) Wait to see if the 5 exp MA remains above the 50 exp MA
4) If price remains above 6$ in the next few days, start building positions
5) Go small, pyramid up only

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