Probably going to be calling it a day here. Hope everyone enjoyed it. If you have any questions or comments about any of the posts please ask. Sometimes I feel like I may need to take some Haladol to stop talking to myself Brandon
Trade Update: Juniper gapped up at the open and put in a pivot high at $12.10. Long trades were taken above this point. Juniper trades as high as $12.70, closing at $12.53. For those who are still holding as a swingtrade keep stops under $12.40. $13.00 will be a strong resistance area and would make a good target. Fiserv, Inc (FISV) is a sideways trending stock. It has rallied to the top of its most recent daily trading range. On Monday the stock opened near its lows and closed near it's highs forming a Marabozu Candlestick bar which forms the basis for a possible Oops short (http://www.tradingscans.com/education/oopsintro.htm). Look for shorting opportunities in FISV. Chart: http://www.tradingfrommainstreet.com/img/May13FISV.gif eBay Inc (EBAY) is one of the markets strongest stocks in the popular again Internet sector. Over the last few days it has based just under its 52 week high (3 year high). Stocks often trade in a sideways manner, resting, before powerful breakouts in the direction of the underlying trend. Look for buying opportunities in EBAY. Chart: http://www.tradingfrommainstreet.com/img/May13EBAY.gif For a NO RISK, FREE TRIAL to the TFMS Live Trading Room visit our homepage http://www.tradingfrommainstreet.com For Nightly Scans be sure to check out http://www.tradingscans.com
Having a lot of internet trouble today just logging in fast on dial up. Hope some of you got in on EBAY, congrats if you did. Those in it should certainly look to take some profits off the table today as its getting squeezed like crazy. Brandon