Monday, June 15, 2009

Trading Plan for Monday (June 15, 2009)

BBY, ADBE are reporting earnings tomorrow; I will be watching the charts closely.

Just for fun, I noticed that ES likes to form double bottoms. See if this pattern plays out.

A possible trade is setting up for AMZN, Im neutral on the direction...but the current trend is down.


BNI. This little devil is still trading in a range, it has some potential for a decent trade...IMHO

FCX, needless to say...sideways or down..


GS just a guess.



ICE

V is setting up nicely for a possible long play soon.



POT, a retreat to possibly 111-112 is imminent



OIH...I don't like the setup but just chuck in in anyway.


Now who says there are no possible trades...I almost got insane looking at the charts because there are so many possibilities. Pick your lottery.

blog comments powered by Disqus