Equity Oracle: 05/09/14


We have been very successful trading COCO on the bounces. This week the stock took a dive and left a gap in the process. This gap has not become our target point around 1.20. Today the stock looks like it is going to close with a bullish engulfing pattern. If the candle is still green by the time you get this alert, buy it and place a stop at .70.

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