Nice day in the market! Still don't trust it. But, I trade what I see. As I watch the market and just for fun, I am playing around with RIMM at the 1K dma $66.05, I filled right there and I will take the swing. If it breaks the $66, I'm gone. Right now, up 37 cents.
My watchlist for the day. Lots of things are going kinda nuts, but im specifically looking to buy FMX at the close on an ascending triangle breakout. HRBN also broke out of symm. triangle, MGA broke out and hit new 52 week high, PPG is hitting resistance at the 60.5 area (buying at 61), CLF close to 52 week highs.
My current portfolio is empty (held nothing going into break), but i am buying into some of these plays today.
Reader Comments (4)
Nice day in the market! Still don't trust it. But, I trade what I see. As I watch the market and just for fun, I am playing around with RIMM at the 1K dma $66.05, I filled right there and I will take the swing. If it breaks the $66, I'm gone. Right now, up 37 cents.
My watchlist for the day. Lots of things are going kinda nuts, but im specifically looking to buy FMX at the close on an ascending triangle breakout. HRBN also broke out of symm. triangle, MGA broke out and hit new 52 week high, PPG is hitting resistance at the 60.5 area (buying at 61), CLF close to 52 week highs.
My current portfolio is empty (held nothing going into break), but i am buying into some of these plays today.
Ya, I don't know what to make of the volume. I am hesitant to get too long here. Kicking myself for closing some of my longs on Thurs.
El Guapo,
Yea, I had to kick my own ass a little for doing the same.
OA