Starent Networks (STAR) – 04-27-2009
STAR, one of the current IBD allstars, is doing pretty well with a breakout over its 52 week high. I would consider swing trading this long if it dips back down to the breakout point and the timing coincides with the swings in the general market. It’s also a nice one to watch for the long term future too.
Triggers
- Below $18.50 – Look for bounce off $18
- Below $14 – Short potential