Friday, August 16, 2013

Trade Set Ups 8/16/13

Making higher highs and lows. Breaking out on 8/15. Looking for 150 price target


50ma weekly has been a good place to buy, watching this as a buy area

Short set up - break down from this consolidation see if it holds above the 50ma

Watch this consolidation. On a breakout look for oil to move higher next several weeks.