iBankCoin
Joined Jan 27, 2008
7,150 Blog Posts

Two New Buys; Bulls Need To Defend lows

I added two longs this morning as the bulls are starting to lay a foundation along the 200 day moving average. Yesterday’s low now becomes an important area to defend for the bulls. Should the bears take out the lows, we could be in for a much deeper decline.

So far today, I like what I am seeing. I’ve added both $TWTR & $TWLO to the portfolio. I’m also eyeing another trade in $SLB, but oil needs to show me something here.

What are you guys buying here?

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2 comments

  1. chbouma

    Morning RC, Bought some SONO, PAGS and AVLR today. We’ll see, feeling a bit gun shy at this moment. Surprised to see the SLB reference but as always appreciate your view as it helps expand mine!

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  2. rangersfan

    DIS

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