Eastern Merchants - 10% in 2 weeks, else exit.

Eastern Merchants (EMER.N.0000) - Price broke out of the near term resistance of 7.00, also was successful in trading above the 9sma, whilst the stochastic signal line went above, except for the macd still remaining below the zero line. This looks a potential 10% trade as such buy at 7.00, to sell at 7.90, while the stop must be at 6.70, or 2 weeks which ever is 1st.

Please note that this is purely a trading strategy and a minimum holding period of 2 weeks nothing more. You must close the trade on the last day of the 2nd week or at the stop prices given above. As such buy only an amount that you can bare, and preserve your capital. OTHERWISE PLEASE DO NOT BUY. IF YOU DO NOT PRACTICE DISCIPLINE WHEN TRADING YOU ARE NOT FIT TO DO SO.