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Technical Analysis with chessNwine

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

CHESS MOVES

chessNwine Mon Jun 17, 2013 2:10pm EST 1 Comment

chess_jail

I went long a 1/2 position starter in IBKR inside 12631 at $16.24, with a stop-loss below $15.60.

The daily chart has a long technical base.

But also check out the weekly chart below as it tries to hold a breakout from a multi-year falling downtrend resistance trendline.

The online brokerage sector has been heating up of late. Let’s see if this one has legs.

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IBKR

 

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One comment

  1. bobbin4apples
    bobbin4apples
    June 17, 2013 at 2:59 pm

    rumors of fed tapering flying around now

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    • 0 Deem this to be "Fake News"

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