Chart Request: Motorola, Inc. (MOT)

Here's a chart of MOT for Franko who's interested in it because he says Cramer's been touting it.



It's certainly strong right now but if I wasn't already long it I might want to look for a better spot. I'd rather get in closer to the bottom of the channel (or maybe the 20 DMA) but if your time frame is long enough an entry right here may not be so bad.

check out my neighbors in meatspace


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Quoted

"One of the biggest pitfalls in trading is to rely too heavily on the guidance of other people. It is important that you formulate your own personal view of the world and make investment decisions in tune with this view." ~ Richard Olsen
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This page contains a single entry by Michael published on June 7, 2005 8:29 AM.

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