Some trade setups for you consideration. Unless otherwise noted they are good-looking setups on the daily chart for taking day trades, i.e. “Set up for home runs, but hit singles and doubles.”
If you ever wanted a tight range to get long a swing in $AAPL
….well now you got it.
Way early but $LVS
is trying to work out of a down channel here. Green hammer candle is the R/R for a swing.
can get above $22.50 pivot then at least a temporary bottom may be in place.
Basing after breaking out is good for $TGT
. Earnings come out on Wednesday.
Tight flag in $ACW
after price action that suggests a bottom is in place it bullish.
Holy 90’s Batman! If $MU
can stay between the 200ma and resistance for a few more days it would set up a nice breakout play.
Nice flag/base pattern in $PCS
after breaking through the 200ma on big volume.
Nice action in $MITK
after breaking resistance. the buy is the break of this small range. May have to wait for 50ma to catch up first though.
So widely watched, $GMCR
never seems to do what it “should.” That being said, two inside bars, the last of which is an NR7
right below a resistance level is looking like a sweet long set up.
What….??? A Dow-30 stock….??? Crazy huh, but the action in $AA looks like it might be putting in a multi-year bottom.
Why not subscribe to bclund.com for free Via E-mail or Via RSS and follow me on StockTwits and Twitter?
What bclund is, is the intersection of markets, trading, and life (with some punk rock, pop culture, and off-beat humor mixed in). Check out “The Best Of bclund” to get started.