NTAP exit area

[whodi]

A clear break over 38.80 on NTAP will probably be my exit on the stock, just an FYI, I will let u know if and when I dumb it.

Look at the end of march and the month of may, its been sideways the month of may, if it hits 39, it will break out and I am out.

http://finance.yahoo.com/charts#char...urce=undefined

[whodi]

I am leaving my house for an hour, I am setting up a stop loss on NTAP at 39.01 for my remaining 2500 shares I have short incase I come back and it runs. At least I can minimize my loss.

[whodi]

i just got back, I see it hit 39, but didnt activate my stoploss by 1 cent. I will still cover my short once it starts moving about 39

[whodi]

Sorry I didnt post sooner but I was doing a lot of analysis on NTAP at the end of the market. I ended up keeping my 2500 shares. The man reason was I was not impressed with the volume it was trading at with the market trading at highs today and it breaking past 39, I expected stronger Volume. Volume is the KEY INDICATOR for a true breakout, which it did not have. I have daytraded this stock a few times and I made $5,575. I still think the stock is overbought. I am going to give it a little more wiggle room here. Maybe 39.50 area.