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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

Late Night Strategy for Wednesday

chessNwine Wed Aug 20, 2014 12:17am EST 4 Comments

jee09e4

JD is still a long setup to squeeze over $30.70, a trade idea we looked at last night.

In addition, WBMD over $50 could easily trigger a squeeze of its own, given how heavily-shorted the potential takeover target is.

And on the short side, LVS MGM stand out as the names to watch for rollovers from weak patterns.

Drop me your top tickers overnight.

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WBMD

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4 comments

  1. bensteinsmoney
    bensteinsmoney
    August 20, 2014 at 4:25 am

    Market due for a 10 pt (SPX) decline but then we continue the advance.

    Today (despite earnings due Wed) I added AEO as reported on RC’s blog for some retail exposure.

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  2. operator1
    operator1
    August 20, 2014 at 6:15 am

    WFM has been very quiet of late. It has my interest.

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