Trade Plan For Wednesday (GS, TBT)
Posted on October 26, 2010 by trader21 in GLOBAL CHART ANALYSIS
A mostly flat day in the market but our positions continued their strong moves higher.
We saw some nice after market moves in our open positions ILMN and FFIV
FFIV is up another 5 points in the after market as well
In the after market we also see big moves in RIMM and BRCM.
We will be watching to see if their gap ups get faded. If so, it normally tells us the market on a whole is heavy and may start reversing lower. We still think we will hold up through next weeks elections but will be watching closely for signs of cracking.
NEW SETUPS
We would look to buy the following stocks on moves at or above the following prices
TBT 34.33
GS 158.83
OPEN POSITIONS
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