UA is still a high/tight bull flag long idea if we see market strength, while the regional bank ETF is bear-flagging in a classic way and is a short idea on weakness.
In addition to those two charts below, also keep an eye on Ford as a short on weakness and AER JACK as long ideas on strength.
What is at the top of your watchlists this morning?
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You may recall that I was first to suggest the rug pull in ANGI and now I’m back with more good news .
This morning I purchased 50 of the DIA 154 puts ; next week will be an affair to remember and this is a very cheap way to profit . And what possible stimulus for any DJIA stocks ? NADA .
I remain long term bullish , however , with the arrival of Feb statements I fear
a mass exodus by retail in the near term .
Chess
What do you think about SZYM?
high/tight bull consolidation–should outperform market if the tape holds up here
Crater Lake, OR