Tuesday, 19 March 2013
Pyramiding Sainsburys
Posted on 08:55 by Unknown
You may have read at The Motley Fool and other places today that J Sainsbury plc Rallies As Sales Jump 7.1%. I took advantage of the positive gap-up and partial-gap-close to add a third pyramid position to my aforedocumented (it's a new word) Sainsburys "trade of the week".
The following picture shows what this pyramided trade looks like now. The thin horizontal lines represent the three entry
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