With silver miners strong on Tuesday, low-priced Great Panther is one to watch on the long side as it tries to emerge from a well-defined daily chart falling channel consolidation, seen below. If the metals and miners find a bid after the FOMC, I would consider a long over $1.10 for this high beta miner.
Also on my radar long in the commodities complex: BAL CORN JO SGG SOYB WEAT.
On the short side, I am looking at a name like SBUX which was red despite Tuesday’s market rally.
Drop me your top tickers overnight.
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I was early/wrong but still in…
http://jpmorgains.com/2014/04/02/the-emperor-has-weighed-in/
ATI has been good thru this shitfest … In since low 30’s but afraid it only has a few points left before consolidating … You concur?