An important ‘D’ target at 19.66, last mentioned here on April 5, appears to be this vehicle’s immediate destination. I’ll recommend bidding for 400 shares at 19.75, no stop-loss, day order. Camouflageurs can start looking for the turn now, seizing the advantage if it should present itself. _______ UPDATE ( 9:49 a.m. EDT): Our longstanding target has caught this morning’s 19.62 low nearly perfectly, allowing us to buy 400 shares at the suggested price. Now, on a good-till-canceled basis, offer 200 shares (or half of the position if you bought more than 400 shares) to close for 20.60. ______ SMOKIN’! (12:19 p.m.): We took profits on half the position at 20.60, although some may have exited belatedly, and therefore more advantageously, when I saw a top forming above $21 during yesterday’s tutorial session. Adjusting for the realized gain, and based on an exit at 20.60, our cost basis for the 200 shares (or multiple thereof) that remain is 18.90.
