Many apologies for getting this out late but something came up so it’s going to be short and to the point.
As always, volume confirms my buy/sell triggers. If the market decides it likes the news from overseas and the market rips higher here are the longs I will be interested in.
SNA – Watching $63.75
ALXN – Watching $95.05
BLL – Nice ascending triangle. $43.70
APA – Possibly clearing this descending trend line. $88.00
BRK.B – Testing $82.42.
AMT – $68.55
If the market decides Europe still sucks shit and we get a repeat of last Sundays move the following shorts will be on my radar.
NKE – Testing this rising trend line. If it rolls over and continues to the downside I would set my stop at $103.25.
LULU – Sold off all last week. Still has an open gap at $54.08. Keep an eye on it.
CMG – Been working nicely in this descending triangle for weeks. Continues to offer low risk/reward entries testing that trend line.
LQDT – Failed the rising trend line on above average volume.
Ok, that’s it. I am switching brokerages this week so I am going to be relatively light but will post charts and do a proper post here throughout the week.
Happy Father’s Day, Motherfuckers,