Jeff Kilburg

Jeff Kilburg's photo: #KillirGuestPost by @Wesley_Harr talking about $EXP ~~~~~~ Eagle Materials looks like a name we can play to the downside. EXP shares are lower today and earlier this morning in dramatic fashion. There is a bearish engulfing candle currently on the chart weighing on price action. On a close below yesterdays open I think we get behind this thing and push it lower to retrace the bulk of today's move lower. First downside target $32.32 with March 6 lows of $30.17 coming into focus below that. I exit the trade on a push north of $34.75. -Wesley Harr

Be the first to like this on WhoSay

May 16, 2012#KillirGuestPost by @Wesley_Harr talking about $EXP ~~~~~~ Eagle Materials looks like a name we can play to the downside. EXP shares are lower today and earlier this morning in dramatic fashion. There is a bearish engulfing candle currently on the chart weighing on price action. On a close below yesterdays open I think we get behind this thing and push it lower to retrace the bulk of today's move lower. First downside target $32.32 with March 6 lows of $30.17 coming into focus below that. I exit the trade on a push north of $34.75.
-Wesley Harr

WhoSay Caption

READ MORE

More Posts

More from Jeff Kilburg:

Comments

Close
Embed this photo

Content Usage Guidelines: Online use of this image is permitted, but only if (a) the entire code below is embedded in the user's site, and (b) the use includes the text link "Jeff Kilburg on WhoSay", which must link back to this Site.

No advertisements or other material or links may appear in the image. You must retain any copyright and other proprietary notices that appear on the image.

For use of content in print, on-air or in any capacity beyond online embedding, you must contact us for additional approval.

Any use of content appearing on this Site is subject to the Site's: Terms of Use and to the rights of the copyright owner.

Customize size: X