Thursday, September 16, 2010

Currently working...

Post from 9/8/10, moved from Tumblr
Though the market is at the upper end of its current trading range between 1040 and 1100 and change on the S&P, I'm hoping that three swing trades that I have on the go will reap benefits in the next couple of weeks.
All three of $CPE, $HAUP and $NLST (correction, $CPE does not, though it looks ripe for an imminent rebound) look like they're under accumulation right now and primed to break out if the broader market cooperates. All three have threatened to do so over the last two or three sessions and failed at points of resistance. Fingers crossed at least one of them rips before any downturn in the broader market.


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