Friday's Trade IDea (Intraday/Day trade) FEYE position looks like it just went through an intraday shakeout and looks like it is getting ready to deliver on the upside. This is still a short term trade to me, I'm not crazy about any charts beyond a very short term long trade.
The 5 min chart I liked Friday, now it's even more impressive as Friday's support was broken today.
And intraday it looks like it's going to be flashing green on the screen pretty soon.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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