We had a very volatile day with the landmark healthcare decision in favor of the healthcare mandate. There was a lot of heavy volume in the market today and that opened up a lot of opportunities. I saw Dunkin Donuts head way down off the healthcare news and got in a position near the bottom. DNKN had risen to new highs and was overbought on the stochastics. It is now oversold on the 60 minute chart and could be poised to swing upwards. I regained my losses on AT&T today as well as it shot up because of high volume.
No comments:
Post a Comment