2013-07-06-Free Trade of the Day
Free Trade of the Day
Notes: L-3 Communications Titan (LLL) is set to announce Q2 earnings on Monday, July 22nd.
L-3 Communications Titan (LLL) Trade Idea
Buy (LLL) stock on a close above $87.50 or on a pullback to the 50-day EMA (currently at $84.38)
Stop loss- $82.58
Upside target- $92.00-$93.00
Updates: The iShares Silver Trust (SLV) fell 4.26% on Friday, testing the $18 level intra-day. Shares of Microsoft (MSFT) put in a higher low over the past two trading sessions, bouncing right off of the 50-day EMA. While China ETF (FXI) picked up 1.06% yesterday, but as long it stays below $33 the entire credit will be kept.
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