Wednesday, February 17, 2010

New Trades for tomorrow are up-

I think this market is headed down, but it is acting very erractically lately, probably the currency tug of
war.


There are several longs in there that look exceptional-the shorts from the list previous are still in play and many faired ok today even in an up market.


I'll be putting up a bunch of charts of the trades -I have a little extra time, this way you can see what I'm
looking at.


AMZN's confirmed H&S top
3C distribution into the top as you'd expect to see.
The bearflag in CRR
The 2-day chart makes it easier to see


The huge rounding bottom in MSO -it's like a cup and handle except for where it falls, everything else is pretty much there and now it's broken out!
Here's the handle breakout.


The daily 3C chart which calls accumulation in the "U" and even points out accumulation right before the breakout.




Finally TASR in my trend/stop channel which held the entire consolidation.

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