Altria Group, $MO as a new 10 day trade..

August 28, 2010
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This is an RSI-DX trade, again looking for strong trending stocks that are experiencing a pullback.  MO fits that description based on Friday’s close.

 

Here are the rules to trade:

1. Buy on Monday with a limit order less than 22.54.  Again mind the gap.

2. Hold for a profit of 3.25%

3. or for 7 Days

 

Backtest Resuls:

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