Hi Everyone, as you know I aim to bring you simple and obvious trade set ups. With that said, FSLR has a nice rising wedge pattern developing on the 4 hour chart. Not sure if it will break yet. I think the market is awaiting more from the Fed meetings that finish tomorrow. None the less, keep an eye on it. As a reminder, today is the last day Jason Bond Picks is offering the $1- 2 week trial. He is definitely worth the investment in yourself; just click the link below.
Thursday, June 12, 2014
Wednesday, June 11, 2014
This is a daily chart of COF, looks to me it could be due for a healthy pull back within it's usual ebbs and flows. Stochastics turning over and MFI has negative divergence. I'm likely to use options for a move downward. Not holding for long though as this is a nice uptrend it's in.
Tuesday, June 10, 2014
TWTR - TWITTER
Here's a chart of TWTR, it could possibly be making a base for a leg up. I would prefer a test of the short term uptrend line and stochastics turning up for an entry as well as money flow index turn get above 50. There's positive divergence in the money flow index vs price.