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

Watch for the Break

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Into the final two hours of trading, I am watching a bunch of these intraday pennants for resolution.

The 10-minute small cap ETF chart, below, illustrates this with the blue lines I have drawn.

PSO has a nice post-earnings bull flag, while SBUX is looking a bit heavy up here again after the earnings pop.

What are you trading?

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IWM

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4 comments

  1. David

    I’m holding FSLR which earning due AH. What do you think ?

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    • chessNwine

      You have a hot sector in 2013 and the dominant trend in your favor. But earnings are always a wildcard, especially with a high beta stock like a solar. Good luck.

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  2. superocean9

    Long NEON, OMEX, WEAT, QID

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    • chessNwine

      NEON has been a beast, despite the fade today. $8.25 & $8.50 re-trigger. OMEX still basing up here well. WEAT interesting bounce candidate. Been smoked the past year. QID nice hedge.

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