Stock Trading : CELL 09-16-03
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September 2003 Trades      
Stock Trading Pick for September 16, 2003
CELL - Brightpoint Inc.

* Our CELL trade results in profits of up to + $1.53 per share in 2 days!

Date Stock Position Entry Current Stop Max P/L
09-16 CELL Long 31.56

32.26

just below 31.56 up to + $1.53 per share


CELL set up Tuesday when it traded above 31.50 @ 31.56. It traded as high as 33.09 reaching our first target of 32.50 to 32.62 (always sell at least 1/2 of your shares once your risk is covered, then move your stop to your entrance price to lock in gains) resulting in profits of up to + $1.53 per share.


Date Stock Position Entry Current Stop Max P/L
09-16 CELL Long 31.56

31.65

closed up to + $1.53 per share


Traders holding overnight into Wednesday were advised to keep your stops just below 31.56 and the stock hit our stop closing the trade for profits from + 94 cents per share to + $1.53 per share.

Final Chart showing the two day trade:


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