A Few Trades, more are coming

Remember, it looks likely that we will see a bounce before this afternoon is through, in fact it seems it will be here shortly with 1 and 5 min charts showing positive divergences; something to consider as you contemplate trades.

MSPD is very close to a trigger of the 6.25 limit order on the latest list.

DPK Long 8.56 is in an descending wedge with a daily 3C positive divergence. Today it looks like is breakout day. Wedges tend to retrace their base which suggests a target around $22. 8.56 looks like a reasonable stop on the Trend Channel.

DPK with a large descending wedge and about a month+ of 3C daily positive divergence.

TSL Short has broken down out of a small H&S top. This may be a position worth trying o scale into, a little here and add on any strength. Otherwise, it's very close to breaking the support level ($24.51). A stop is a little tricky here depending on if you are going for a swing trade or a trend trade.

 TSL's hourly 3C chart showing negative divergences at the highs.

The daily chart showing a small H&S top that is broken, a MACD negative divergence and big red volume spikes, especially on the break of the neckline.

More Coming...