Here are a few ideas i have for tomorrow's trading.
Hopefully there will be an opportunity to buy on dips after the Jobs report. I am expecting a V shaped curve if the Jobs report turns out to be worse than expected.
STT retracing back to where it broke down, expect some resistance at around 29.5 on its way up to around 35
XOM could be on its way to around 81 it it breaches previous high. This could easily be converted to a short opportunity depending on the overall market.
SLB still has plenty of room to run, it may encounter some minor resistance at around 46. before continuing its journey to 47.5
Not forgetting BNI, it looks as though this stock could be trying to fill that gap. Keep your eye on the stochastics.
SOHU is a great buy on any pull backs because it still has room to run
There are several Steel names that are great for short term play like X and NUE. But it is not really my cup of tea, some of you might wanna take a look own your own.
blog comments powered by Disqus