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Technical Analysis with chessNwine

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

Are You Still Lawyered Up?

chessNwine Wed Jul 2, 2014 3:14pm EST 4 Comments

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It is doubtful we see firm resolution this week, but headed into next week keep an eye on Facebook at this $66 area, the scene of the prior breakdown.

The recent snapback rally has been spirited, but is under pressure today for this market and social media leading issue.

What are you trading this afternoon?

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4 comments

  1. superocean9
    superocean9
    July 2, 2014 at 3:19 pm

    Longs: ONVO, ANGI, HLT, CORN & JO
    Short: DAL

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  2. kmoncy
    kmoncy
    July 2, 2014 at 3:52 pm

    thoughts on $IGT ? thanks

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    • chessNwine
      chessNwine
      July 2, 2014 at 4:02 pm

      Over $16.50 next trigger. Neutral here for now. Decent basing action at 200-day m.a.. Stop under $15.40.

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