Saturday, July 28, 2012

Trade Ideas: AMGN, AMZN, AON, BSX, MNST, VRSN

Breakout on heavy vol, looking for a retest of the breakout level to buy.

 Breakout from consolidation on heavy vol
 Breakout from consolidation, heavy vol. Could argue a rounding bottom pattern as well.
Short play, looking to short on any failure near prior support.
Once a high flyer, now has lots of overhead supply. Short play on failure near 70 level.
 Breakout to new high on good vol.

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