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

Late Night Strategy for Tuesday

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FDX is still one of the more enticing short setups I see, first daily chart below. Note the potential for a major lower high on this recent multi-week bounce, denoted by the light blue lines. I would view any further weakness as a short trigger, given Monday’s selling. A cover-stop over $140 is likely correct.

And MMYT is still one of the more intriguing long ideas on multiple timeframes, second daily chart below. If the market bounces with conviction I like this one over $26.

Drop me your top tickers overnight.

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FDX

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MMYT

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3 comments

  1. Diesel

    $OVTI long on further strength above Monday’s high–$17.60

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  2. JPMorgains

    HXM over 1.70

    BTH over 10.70

    A couple I see…

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