Quick little update for the night. AIG stacks it tall today going over 12%, TM says future recalls for the Prius, and if thats anything like the pedal recall, should be another downfall there.
LVS had its full breakout today, with a slight pullback toward late in the day, which was one of my pattern setups from yesterday. TOL also broke out of its symmetrical triangle with good volume to support. RYL has at its resist currently, and is rising aggressively with just about average volume. YUM took a giant jump up on alittle over 2x volume.
I'd keep my eye on RYL tomorrow to see what happens with opening and if it breaks the resist, but there were a good amount of breakouts today on low volume.
See y'all at opening bell tomorrow!
PS- FF13 is out :D
Showing posts with label symmetrical. Show all posts
Showing posts with label symmetrical. Show all posts
Tuesday, March 9, 2010
Friday, March 5, 2010
Quick spike on VLO
Today, I entered VLO at around the $19 mark. It broke through the symmetrical triangle early today with a slight above average volume. With the markets going crazy, I'm not holding many positions. The market seems like it should be setting up for a bit of a correction. So until I get some kind of bearish move I'll be limiting how many bullish positions I'd be getting in to.
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