Tuesday, May 31, 2011

Tuesday's Game Plan

Longs: ACE, PM, MCD (SAT), ABT (SAT)

Breakouts: TEVA> 51.30, DIS<40.50, EMC>28.50, SWN>40.00, QCOM>58.00, MRO>54.50

Volatility: (EBAY R= 30.77, S= 30.50)

Shorts: NVDA (SAT), BRCM (SAT), MS (SAT), SUN (SAT) , ARUN


Notes:

MS: SAT at 24.50

Technically the SPY is hovering in the middle of no where, no bias at this point as price could easily move in either direction. I will book profits as they come by on momentum.

No comments:

Post a Comment