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

Late Night Strategy for Tuesday

BvSe10RIQAEdE6m.jpg-large

The heavily-shorted China stock JD looks ripe as a long idea to squeeze over $30.70 from the well-defined consolidation, below. Note the lower highs as price bases out sideways, creative pressure on sellers for an upside breakout.

And on the short side, i am still eying large integrated energy firms such as COP CVX. And the large telco firm T is also a short idea down out of a bear flag on weakness.

Drop me your top tickers overnight.

________________________________________________________

JD

 

Email this to someonePrint this page
If you enjoy the content at iBankCoin, please follow us on Twitter

5 comments

  1. Doc

    Top ticker will most likely be GTAT. It’s going to blow baby, it’s a beautiful squeeze play. JMHO

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. Noel

    I also think XOM could be going lower but XLE could help negate that move. If market goes higher XLE could break up along with XOM.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. Sooz

    AT&T, Inc..there, Chess

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Sooz

      From a customers perspective I tried to pay them $$$ today via tele for u~verse service and their system was down..(?) they’ve had some odd glitches lately. I’m not sure what to think.
      I’ve held position in -T- for as long as I can remember ( love/hate sorta thing I suppose)

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  4. operator1

    I LIKE $N… side line pick $NQ into earnings risking the debit paid with options. Maybe $LULU but not on board yet.

    • 0
    • 0
    • 0 Deem this to be "Fake News"