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The shares of Kansas City Southern’s (KSU) first discussed here on July 29, 2009, at a price of $19.66, have broken through major, psychological resistance at $50, and now may be a good time to consider taking some profits, if you’re in near $20.

However, those investors who can tolerate the risk can maintain their full position in KSU, but keep in mind the journey to $60 may not be completed in 2011.
I’d also raise the sell/stop loss to $37 from $19.40 at this stage.

Read the complete article here.

Happy trading,

Curt