Hi, I dont know how to post full watch list so I will pick one. If anyone will have question feel free to contact me
I will look for 120 min triangle short setup. If will break weekly 20sma (Chart is on site) we could see more then $240.
Looking for swing trade under 13.95...maybe will turm to several nmonths trade. For start I will use stop aboev daily 20sma Good luck all
[10:50] <ivica> 10:50:29 STOCK SWING TRADE: BUY SETUP LEAP above 11.80, stop under: 11.50..same idea as before the open...looking for CCI bounce on daily time frame [
Chart of the week Date: 07/26/2010 Symbol: OKE Company Profile: ONEOK, Inc., a diversified energy company, operates as a natural gas distributor primarily in the United States. The company operates in three segments: ONEOK Partners, Distribution, and Energy Services. Sector: Utilities Industry: Gas Utilities Chart explanation: OKE consolidate under 100sma on the daily chart forming triangle. I will look for breakup and back to previous weekly high. But before that OKE need to deal with $48 as previous high and because of that it will be initial target area for now. All will depends on pace and volume. If anyone will have any question please feel free to contact me. Long above: 46.25 Stop under: 45.45 Target: 48-50 area
Chart of the week Date: 08/02/2010 Symbol: WNC Company Profile: Wabash National Corporation engages in the design, manufacture, and marketing of standard and customized truck trailers and related transportation equipment primarily in North America. Sector: Consumer Goods Industry: Trucks & Other Vehicles Chart explanation: WNC form daily bull flag. Pace, volume and CCI support more upside action. Also monthly chart support it if WNC will break above 50sma resistance area. For now only tricky situation can be possible weekly double top pattern, but with daily consolidation after last week high odds for third buying wave on daily chart is good. I will watch pace, volume and CCI after setup and I will post all updates in the trading room. If anyone will have any question please feel free to contact me. Long above: 8.40 Stop under: 8.15 Target: 10 area
I will watch for HAR weekly bounceto 20sma. This time I use daily chart to explain better setup,. but always look biger time frame for expectations