Trade Plan for Friday
Posted on April 22, 2010 by trader21 in *TODAY'S STOCK SETUPS
The market is still stretched to the upside but reversals off the lows of the day on higher volume is extremely bullish action. We have AMZN and MSFT down in the after market so we should see a weak open. If they can buy off the lows again tomorrow we could see some nice moves in our open positions. We still have some massive gains across the board but if we see any weak or questionable behavior we will be ready take action.
CLICK ON CHARTS TO ENLARGE
OPEN POSITIONS
SNDK-Up 12% today. We are now up over 46% from our February entry
JAS up over 28%
FFIV-Wow still on fire and up another 7% today and now we are up 46%
SBUX-up 7% today. We are now up over 16%
MGM-We are now up over 23% on this one
DBRN-We are up 8% and is hitting new highs
CORE -We have 2 open positions whcih are up around 5%. Looks like stock is finally starting to move
F-We are up nearly 10% in 2 weeks
NEW SETUPS
AMD if it can break above the 10.00 level
Thanks
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