4 Trading Ideas For Thursday

$ACI – I love the way these coal names have been behaving the past few weeks. On continued strength in the group, I’m looking for a breakout above the 200MA, but I’m also on guard for a possible dip buy for a longer term hold. I like the way this one is setting up:

$JIVE – One from the hybrid screen that caught my eye today. I’m looking to buy a move above today’s high, $14.85.

$SOHU – Same thing here. Made the hybrid screen and looking to buy a move above Wednesday’s high:

$ZNGA – Starting to attract attention here with the potential for legal online gambling. Watch for a breakout above the 20MA:

Disclaimer: I am long $ZNGA

Previous Posts by RaginCajun

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