TLT: Bonds found buyers supporting price above break even and now looking at $130 resistance. Watching 65m trend to support price through a reversal
Opportunity: Holding swing points along 65m trend
AMAT: Price trying to go positive on the year. Staying above $25 would help break through highs
Opportunity: New highs coming out of base, holding above break even. 65m trend for now
FB: Working on getting through $80 right now using a 65m trend. Very large weekly base behind this
Opportunity: Holding price positive on year with 65m trend
CELG: If price finds a higher low around here it could trigger new highs. Round number $120 right below, watching 65m and 130m trend
Opportunity: Finding swing low to use for intraday trend to start
AKAM: Aggressive continuation back above $70
Opportunity: Momentum above $70
So honestly not the best watch list this week, which is why I wouldn't mind entering no mans land for a quick reset on stock setups. Guess we will see what happens. Thanks for reading
03-01-15 Trade Plan - Link Here
-Michael
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@M5amhan
Twitter: @M5amhan
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for a full disclaimer.
Twitter: @M5amhan
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for a full disclaimer.
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