Thursday, June 11, 2009

Trading Plan for Thursday(Updated - June 11, 2009)

POT


If you dislike POT you can try MOS

FCX, this is a good setup for a breakout towards 64 but be cautious of a fake out. A short is a risky trade but can be quite rewarding. I don't like the number of support below. Could go sideways to burn theta though.


ICE, be cautious with this one starting from now.

As for BNI, I expect any up move to be choppy or violent from now on. Still bullish if it stays above 73.78.

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