iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Profit from Playing in Your Sandbox

______________________

It is worth noting that Mattel is clearly the best performing toymaker, and it is not even close. While Hasbro and Jakks Pacific lag, Mattel’s weekly chart is ready to make fresh highs as it clears a tight, multi-month consolidation. Note how quickly it snapped back from the broad market summer swoon, and then subsequently consolidated in an orderly manner. This is the type of action that I am looking for to become ubiquitous if the market is truly going to give long swing traders an excellent chance as big-time profits in the fourth quarter.

Also note that earnings are this Friday, so I would look for an opportunity to enter the stock on weakness as long as the breakout holds above the $27 area.

______________________

Email this to someonePrint this page
If you enjoy the content at iBankCoin, please follow us on Twitter

12 comments

  1. DJMarcus

    how do u honestly expect us to read this post with that pic

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. Raver Trader

    Chess can you make a gallery of just hot girl pics you find k thx

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. Todd

    OMFG

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. Hawaiifive0

    Serious question .. where do you get all of these hot pics?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. Raver Trader

    I’ll join PPT right now if I can get access to these pic galleries

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Indie

    Next you’re gonna tell us you bench 300lbs…

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. drummerboy

    S T O P teasing.:)

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. MX2101

    Beware- Look closely at her shadow to the right, and you will see The Head of a Jackal!

    • 0
    • 0
    • 0 Deem this to be "Fake News"