iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

4 Trade Ideas For Wednesday

XLF – Watch for a breakout in the financials if $XLF takes out 24.64. $FAS comes to mind for a trade, or you can go the individual route and buy $WFC. A bunch of good looking setups in the space.

Screen Shot 2015-03-18 at 12.19.29 AM

FB – Facebook can run on a break above Tuesday’s high, $79.78. Watch for a strong volume breakout above $80. Strong hybrid mover on Tuesday.

Screen Shot 2015-03-18 at 12.25.42 AM

ARWR – From Tuesday’s biotech hybrid screen, this little guy caught me eye. I’ll be looking for a trade on the long side if I see volume trickle in.

Screen Shot 2015-03-18 at 12.27.36 AM________

JD – Flagged on the high volume hybrid screen, thisĀ burrito can run on further strength. I’m looking for a longĀ above 28.70:

Screen Shot 2015-03-18 at 12.30.46 AM

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13 comments

  1. CBlanco

    Hey man, I’m trying to figure out if I know you. Does my name sound familiar?

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  2. boyaj

    RC, for what it’s worth, Investors Business Daily just did a technical analysis article on $FB; definitely worth a read: http://education.investors.com/investors-corner/743661-how-to-trade-facebook-stock.htm

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  3. RaginCajun

    FB looking good over $80, good volume push.

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  4. MSGT HARTMAN

    Dollar cost avg into TWTR, AAPL, FB and GOOG, WMT. Kick back and relax.

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    • UncleBuccs

      I’ve got a bad feeling that our govt overlords are going to use the ISIS Twitter recruiting propaganda to force some sort of “Real iD” upon the anonymous social media crowd (for our safety). Twitter chart looks great, but I think I’m going to stay away and fish in other waters…

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      • RaginCajun

        @Bucs, only a matter of time me thinks.

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      • MSGT HARTMAN

        I’ve got that covered. Whenever I get a “phone number verification needed” I grab a number off of Google voice. I can choose whatever state I want.

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    • RaginCajun

      @hartman, can’t argue with that strategy.

      $FB looks ready for another leg higher.

      Also bout some AA today, stop under day’s low.

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  5. bchu12

    TWTR looks like shit

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