UPS is a short idea on weakness below $96, coinciding with the declining 50-day moving average and sloppy channel on the daily chart, below. Also keep an eye on AXP for a short.
And on the long side, watch HAIN SKUL for strength over Wednesday’s highs.
Drop me your top tickers overnight.
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AAPL forming a triangular breakout around $535. Any thoughts?
No trigger yet. Still consolidating. Wait for your trigger and see if it holds before getting aggressive.
It is interesting how many important names look like death. The rules must be getting “dotted” again. Who needs bullshit companies like GE. New grandma normal awesomeness. Wtf happened to Adami today? That Guy went way off the reservation with criticism of the “dots”. Pulling back the curtain gets his ass canned within days. Imo.
The Ponytails know how to do it. Every pos bank and old tech company is just waiting to finally get the boomers back to even. Those guys will be doing duck money till they are 100 years old.
You’re using a lot of figures of speech – can only understand about 2/3 of what you’re saying. “New grandma normal awesomeness?” What are “the dots?” Who are “the ponytails?” WTF is “duck money?”
It does not matter. IBC tabbed bloggers are for real and the only people you should listen to. Comments can go either way. Seriously.