Thursday, November 24, 2011

Fridays Gameplan

Longs: AGCO, TRV (52.50 Red Dog), KSS (51.85), UAL(15.50 breakdown on below average volume), BA (62.00, support & 50% retracement), CHK (22.50),

Breakouts: NTAP (IDB R=35.00 R=34.25), EBAY<28.50, EBAY<33.30, DIS<33.30, NEM<64.00, COF<39.50, jpm<28.00,

Shorts: COP, VLO, XOM, JCP

Notes:

Market direction is down.

XLE-OIH-XOP-XLB Weakest RTH-XLV-XLP-XLI Less Weak

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