iBankCoin

Technical Analysis with chessNwine

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

Back to the Future with These Two Iconic Brands

chessNwine Thu Oct 23, 2014 2:26pm EST 8 Comments

pop_culture_portraits_16

I am looking at Burger King as a long idea, especially over $32, with $29 below needing to hold. Note the decent technical setup on the first daily chart, below.

And General Motors is still a short setup, reversing lower today on the daily chart, second below.

What are you trading this afternoon?

________________________________________________________________

BKW

________________________________________________________________

GM

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

8 comments

  1. superocean9
    superocean9
    October 23, 2014 at 2:30 pm

    Longs – $LOCK, $BKW, $JCP & $CASH

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. ken
    ken
    October 23, 2014 at 2:46 pm

    $Cmcsa

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. ken
    ken
    October 23, 2014 at 2:46 pm

    $MAT $AIG

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. traderconfessions
    traderconfessions
    October 23, 2014 at 2:57 pm

    Shorts… LSTR, ZOES, CSOD and potentially RL. BIDU too but I don’t trust the Chinese stocks as a short.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. ffunluving
    ffunluving
    October 23, 2014 at 3:42 pm

    Check out $SONC

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. thomasjefferson
    thomasjefferson
    October 23, 2014 at 3:52 pm

    Short SBUX, RY
    Long TRUE, FCX

    But mostly cash and fighting myself not to act until I can do so with confidence.

    Are you looking at any Natty plays? With winter coming and any possible issues Russia/Ukraine/Europe, I’ve been watching UNG fall and starting to wonder. That seems to have vacated the news cycle and could have an impact on prices or associated equities if anything comes of it.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • dazedflip
      dazedflip
      October 23, 2014 at 6:00 pm

      Short SBUX looks great. I have have to put that trade on now that it’s rallied a bunch this last week.

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

© Copyright 2007-2024 iBankCoin All rights reserved under penalty of bodily harm. DISCLAIMER: This is a personal web site, reflecting the opinions of its author(s). It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities. DATA INFORMATION IS PROVIDED TO THE USERS "AS IS." NEITHER iBankCoin, NOR ITS AFFILIATES, NOR ANY THIRD PARTY DATA PROVIDER MAKE ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND REGARDING THE DATA INFORMATION, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. Privacy Policy