iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Late Night Strategy for Thursday

BIENBYHCEAAsGeG.jpg-large

The slow-moving Kellogg is still one of the better charts in the entire market right now, basing high and tight on the daily chart, first below. I am not expecting too much explosiveness here to the upside, but it should, on the whole, beat the erratic and sloppy, choppy bounces have seen in quite a few higher beta names of late.

And on the short side, regional bank Huntington has been underperforming peers like HCBK VLY of late. On the second daily chart, note the bearish volume pattern. If the recent bounce rolls back over I would be looking for a short entry.

Drop me your top tickers overnight.

__________________________________________________________________

K

__________________________________________________________________

HBAN

Email this to someonePrint this page
If you enjoy the content at iBankCoin, please follow us on Twitter

3 comments

  1. Question

    Just curious since I see this here often, what is the point of posting an empty post just to say check back soon? Why not just write whatever it is then post it? Am I missing something?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Mister Jinx

      Pretty sure it’s to get people to click the link and then, should they be interested, to return at an appropriate and suitable time thereafter to view the promised content.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  2. kp

    what do you mean? Also ZNGA 600 call options yupppp

    • 0
    • 0
    • 0 Deem this to be "Fake News"