Tupperware (TUP) is bumping its head at a price level reached during the week of 7-24-06 and the three weeks following of between 17.06 to 17.17. This level has been touched at multiple times in the past all the way back to 1998. The last candlestick (March 27) is a Doji. There is a nearby Fibonacci retracement of 17.45. I will set a stop limit at 2.5% below current value. The ex dividend date is not for at least 10 weeks, so I need not take that into consideration. This will protect me with a 31.6% gain.
Stop limit of 16.29 GTC was set.
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