Bought 200 TECH @ 64.89

Picked up biotech hematology company that is providing me with preliminary breakout momentum signals on my daily chart. I would typically wait for the daily indicator to pop for my swing trades, however, the weekly momentum indicator is shooting full bore. Turning to the monthly chart, we have had 2 legs of the run up since 03, and the 3rd leg was triggered last month on my momentum indicator. So, all in all it is a very good risk:reward bet to establish a 1/3 position in Tech at this time. My rule is to exit the trade within the first 1/3 holding if draw down hits 25% of the initial investment.