Watchlist 7.9.12 | Becoming The Bull

919 views

Getting a head start on next weeks list. If tomorrow’s job numer causes the market to sell off it will most likely invalidate these patterns.

GOOG – Closed above the 200ema on average volume. We might test the top trend line of the channel before determining direction.

SODA – Closed just below gap resistance of $42.30. Watch this one here.

CAT – Watch for a move over this descending trend line on above average volume.

CF – Watch $203.35 in this huge ascending triangle.

ASH – $70 was long term resistance. It cleared it today and closed above it on above average volume. Looks good for higher.

LNN – Great run the last few days because the country is having a drought. Watch for a move above $70.15 on above average volume for this one to start it’s next leg higher.

VMI – $This one cleared above resistance on above average volume. Watch for a possible higher move.

Back and forth the struggle consumes us all. Trying to keep a level head, in the most unsettling of times. Today I’ll become the bull,

– @AffluenzaVirus

Comments are closed.
Previous Posts by AffluenzaVirus