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Old 06-03-2009, 05:54 PM   Nav to Top 
BuffaloBull
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It's really up to your strategy. If your hoping to ride this out long term you may want to put it in lower but if your planning on selling soon then you'll need tighter stop losses to lock in profits. Based on the charting for HEB, it on a consistent up trend with an up down cycle. It has a pretty consistent cycle as seen in the chart. If you are feeling that its bullish and want to go long term I would put a stop loss at 1.79 or 1.78 as it is not a round number and is under the trendline. If you want to lock in profits then its your call, because I have no idea where its going in the long run. As for AGEN, its pattern is currently unpredictable, the best strategy would be to either lock in gains or what most people do is set a stop loss at the previous day low. so the low of the day was 1.60 and that might serve you well, but its up to you. Below is the chart for HEB.

HEB.jpg - ImageHost.org
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