Tuesday, January 15, 2013

More Setups for the Rest of This Week

Hi traders.  Market continues to act a little weird as you have the might one AAPL getting taken to the woodshed but everything else continues to act pretty well.  The market has yet to break down below short-term support but at the same time, there seems to be very little explosive action and at points the market has seemed "tired".  We'll see what happens but my market timing score is still quite positive at +4 and as long as it in good shape, I will continue to look for longs that trigger.  I am holding three longs right now and wanted to add more today, but just didn't see any of interest and didn't want to force things.  

Here are quite a few names that look interesting for tomorrow.  Good luck. 

BC - Almost entered today.
CJES - Right at long-term resistance.
BRLI - Still waiting
DHI - Interesting position here.
EDU - Probably my favorite one.
GWRE - Still waiting
HLSS - At a key level
LNKD - Probably could use more rest.
KGC - Gold stock
LOCK - Needs volume
MPWR - At a key level.
MAR - Nice flag.
RF - Nice cup with handle.
WHZ - Nice flag
Charts from TC2000, Courtesy of Worden Brothers, Inc.

1 comment:

Marcos said...

Hi,

Thanks for sharing the charts and setups that you are following. They indeed look pretty interesting setups.

Would you please give an indication of where you place your stops and profit targets when the buy signal is triggered ?

All the best,
Marcos