EXM :

New current pick:

5/12/2008

EXM

Trading Plan:

Buy above 48.05

Stop 45.50 (tight strategy: same day’s low), or crossing 10DMA

Target: 80.00

Shares : 170 (about $800 capital)

Reward / Risk Ratio : 12.53

Potential Profit : 5431.50 (about 66% gain)

Potential Loss : 433.50 (about 5.3% loss)

First Resistance : 57.80

Will make the final decision in last hour

Will monitor it closely for few days after entry
If it moves the way as expected for few days, I then let it runs for target. It may take 2, 3 months
If it reverses within few days, I will get out even before hitting stop by watching with my charts.