Trade Setups(SNDK, ULTA, MED, GMCR, ABC, ORLY)
Posted on June 27, 2010 by trader21 in GLOBAL CHART ANALYSIS, Trading Plan
We went bullish after Thursday’s action and Friday individual stock action further confirmed that. We saw many quality stocks reset themselves and they appear ready to make a move going into quarter end. Granted the next support levels are about (more…)
Trade Plan For Tuesday- NFLX, CMG, QQQQ, SPY, BZ, GLD, AKAM, SNDK
Posted on June 14, 2010 by Pro Picker in GLOBAL CHART ANALYSIS
A big market rally in the morning was once again able to coax the emotional investors into jumping in when they shouldn’t. Buying light volume bounces into resistance give you terrible and is why we have been saying steer clear (more…)
Trade Setups for Thursday
Posted on May 12, 2010 by Chief Market Technician in EXPLOSIVE STOCK SETUPS(premium)
Today’s rally was much more convincing then what we have seen over the past few weeks. We opened up higher and continued to run higher all day long. We had participation across all industries and closed near the highs of (more…)
