Sodastream International Ltd (SODA) has been moving up nicely recently but cannot seem to close over the 41.75 area and it has tried three times in the last few weeks. If it closes over 41.75 you can use that as your base to play the stock and then watch resistance at the 200 day sma at around 44.50. If it closes above there you can take profit or just move your stop up.
At learnstocks101 we not provide buy or sell recommendations or investment advice. You should always consult with your own financial advisor with respect to your own investment portfolio and circumstances. However, we do discuss ideas and trade setups in the "Pulse", in the Options Trade Ideas area, in the Random Technical Analysis area and I also send a message when I buy or sell a stock.
The Latest Trade Setup is just an example of what I post in the Stocks To Trade "Pulse" section in the members area.
Sodastream International Ltd (SODA)
Created: February 3, 2012 - 4:00pm by Learnstocks
SodaStream Intern (SODA)
31.020.96(3.19%)
5/18/12 4:00PM EDT
- Range29.82 - 31.24
- Open30.12
- Vol1,192,147