iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Trade Setups For Wednesday

EBAY – I like the way this one was able to hold the 200 day moving average on a closing basis. Watch for a move above Tuesday’s high that should take this name out of this small consolidation pattern.

Screen Shot 2014-08-05 at 9.29.20 PM

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RUBI – Holding the move from earnings well here, watch for a secondary move higher above Tuesday’s high, 12.28:

Screen Shot 2014-08-05 at 9.28.31 PM

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LVS – I like this one on the short side should we see further market weakness. A move below 71.36 will likely trigger another move lower from here:

Screen Shot 2014-08-05 at 9.18.01 PM___

DRL – Here’s one found on my runner screen and may be good for a quick trade on strength. I’m looking to take some above 5.02, with volume:

Screen Shot 2014-08-05 at 9.30.06 PM

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