MOJO Swing 10/23 SIFY Strategy

MOJO Swing 10/23 SIFY Strategy - Very Important

Published: Wed, 10/23/13

Wednesday October 23, 2013

Hi MOJO Swing Trader,

SIFY = buy the stock here as the high this morning when the earnings came out was $2.90

The volume at that time was 20,000 and it looked good. All sudden a seller came in and has not stopped selling down to the image here of $$2.25 X $2.30 - this is a bargain and a good bump down on the cost - let's try to be smart money here and take advantage of what may be just (1) seller as now it's 75,000 shares and firmed up as I am typing.

If we lose we lose - I know we will on the high position - but this one we can win on and sooth some of the damage. Look for a move back to $2.50 range and get out. STOP like 5% after that. We will be flat by the end of the day. That is the trade plan.

Thanks for reading, and profitable trading!

ProTrader Mike
email: info@mojodaytrading.com
Skype: protradermike
website: http://www.mojodaytrading.com

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