Thursday, November 14, 2013

Trade Set-Ups 11/14/13

Stocks to watch:

Stock is basing looking for breakout on volume.

Nat Gas stock is strong and coming out of a volatility squeeze. Poised to move higher

Descending wedge is looking bullish for a breakout

Nice uptrend looking for a breakout.

cup and handle formation pushing up against resistance

financials forming a high base, watch for a breakout and a move higher.

Saturday, November 9, 2013


 Which index would you trade?
At the top of the channel extended from the 50ma.

Maintaining a nice uptrend. Bounce off the 50ma close to the trend line.

Trade Set-Ups 11/9/13

Stock is oversold. Looking for a bounce and move above the 50ma 
Maintaining support. Looking for a trade to the top of the range at the 162 area.

This could either be an opportunity or a turn point. It's fallen below the trendline. Looking for it to get back above.