Tag Archives: raymond james financial

Raymond James Financial (RJF) Long Trade Update

2 May

I didn’t even want to look at this trade yesterday in fear I might get stopped out. But, it came roaring back with the market today. Nothing too exciting though compare to my cost. I was a little indecisive about whether I should take the miniscule profit today since the candle hit up against the 8-day moving average today. I decided to hang on to the position and raise my stop because of the above average volume today. Here is Raymond James Financial’s stock chart today:

Raymond James Financial Stock Chart - 5/2/2013

RJF – Swing Trade Setup

1 May

Nice candle today on RJF which was added to the watchlist yesterday. I initiated a position in RJF. 100 shares @ closing price of $41.42. Stop loss @40.

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Raymond James Financial (RJF) – Added To Watchlist

30 Apr

I added RJF to my watch list today. It has gone from a high of 48.22 on 3/20/2013 and has dropped to $40.24. This gives enough room for a nice potential swing trade. It has had three consecutive down days with the second and third day showing smaller candles and lower volume. The last candle is a nice upward hammer which I always like. Also, it is near both the 200 day moving average and up trend line

I’ll look for an up day within the next couple of days to start a long position. If the price breaks below the trend line, I’ll remove this from my watch list. Here’s is RJF’s stock chart today:

RJF (Raymond James Financial) Stock Chart