It's probably fairly obvious to VoSI members that CRM is technically a buyable gap-up this morning, but we would also consider this within the context of the general market, which we feel is mushy here at best. Thus CRM presents higher risk than normal based on the general market context. Technically, it does qualify as a buyable gap-up with 142.50, the intra-day low so far, a your stop.
PPR - CRM a Buyable Gap-Up in a Dicey General Market
|Published:||20 May 2011 13:57 ET|
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