PPR - Massey Energy (MEE) Buyable Gap Up Feb 14 2011

Published : February 14 2011 at 15:38 ET

Massey Energy (MEE) is buyable here going into the end of the day as it clears its sideways consolidation after gapping up on January 31. Should it break below the prior low of 61.58, you might sell at least half the position. You could also use a violation of the 10-day moving average as a sell stop. MEE is in the coal industry group. Commodities have on the rise in this QE environment.

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