iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
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Late Night Strategy for Tuesday

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If we finally get that broad market bounce, then Italian energy giant E is a long idea over $50.40. On the first daily chart below, note the resilience of the stock on a relative and standalone basis of late.

And on the short side, I still view many transports as begin ripe to roll over. UPS makes sense in this regard, as I am looking for a move under $97.

Drop me your top tickers overnight.

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E

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UPS

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2 comments

  1. Ben

    Hi Chess, I’m thinking DE for long term holding. What do you think here, is a buy ? back to breakout around 89.

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  2. M_Rod

    RRD, NU, JNPR Shorts.

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