E-mail Comment Del.icio.us Digg Reddit Technorati Furl

Trade Recommendation Follow-up – Nordson

Mar 2, 2010 Stock to watch, Trading Idea

On February 23rd, we recommended buying Nordson (NDSN) shares, as the stock was up almost 9%, on a day that the major indices were all down between .91% and 1.14%.

The stock closed today (03/02/10) at $67.09, up from our $64.75 entry. However, the stock is up against short-term resistance and we recommend taking profits here. If the market opens strong tomorrow, or the going is good early on and or Nordson shares are moving up, hold on until later in the day. Otherwise exit early on.

Tags: ,

This entry was posted on Tuesday, March 2nd, 2010 at 5:13 pm and is filed under Stock to watch, Trading Idea. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.