iBankCoin
Joined Jan 27, 2008
7,283 Blog Posts

FINL: Breakout

I stray away from cheap stocks, mainly because I preform better with high price names, but tonight [[FINL]] popped up on numerous screens. What’s going on with this athletic retailer? Take a look at the strong close.

I’m looking for a breakout above $4.68

finl-1.gif

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Beautiful

Today was beautiful, if you went long of course.

However, you have to be cautious on the overall market, but…

No matter how you slice it, today was a major win– we even closed above 12,500. I expect some follow through tomorrow morning, then some selling pressure throughout the day. I will most likely take profits on many of my positions in the am, however I will not touch my blackberry easter eggs, as the eggs will be golden come Friday.

You gotta love window dressers!

Top pick: [[RIMM]]

Setups later tonight…..

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