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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

Going to Wait in Line for Black Friday. I’ll Be Right Back!

chessNwine Mon Nov 25, 2013 11:35am EST 4 Comments

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In terms of updating some Black Friday plays we have been looking at, Macy’s continues to impress, seen daily chart, first below.

In addition, keep an eye on DDS for a similar type of consolidation to Macy’s, with potential to follow it up.

SHLD spiked higher this morning but is seeing some whippy action intraday.

Elsewhere, RAD is breaking up from a long base, while China stocks QIHU SINA are threatening base breakdowns–Never assume that a consolidation must break in one particular direction before getting confirmation.

What are your top Black Friday plays?

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M

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DDS

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4 comments

  1. Darwin
    Darwin
    November 25, 2013 at 11:38 am

    UPS, please tell me not to short this.

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  2. raul
    raul
    November 25, 2013 at 12:00 pm

    Is that Matthew Lillard? If yes, LMAO at the DDS pairing

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