Tuesday, July 26, 2011

Tuesdays Gameplan

Longs: COF (SAT), DPS (SAT 39.50), UAL (SAT)

Breakouts: RTN<46.25 (HBO), WAG (IDB R= 40.20 S= 39.70), C> 40.50 HBO, CIEN (IDB R=17.50 S=17.20), GG>55.25 (HBO), DPS<39.50

Shorts: SMDK

Notes:

C formed a cup and handle pattern on the hourly which qualifies as an HBO

Markets highly uncertain due to the US debt talk. Being extra cautious in this environment is best, booking on momentum.

No comments:

Post a Comment