FRIDAY PLAYS TO STUDY
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| +$900 for the day in RIMM in 2 great trades. Getting better at these reversal trades. |
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| VHC gaps higher but fails the initial range, bid doesn't really drop though. A triangle forms near VWAP and finally breaks out. Note: no position taken, would've been good to keep with the stock. |
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| Made a $0.50 chop on this easy trade. Can't ignore these weak stocks that put in a big bounce on the opening drive. |
WEEK 22 WATCHLIST
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| Staying above $44.25 with $45.50 as resistance. Might be the start of a new trend. |
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| Spends all session consolidating at 16. |
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| COH's daily chart. Strong. Waiting for newer levels to develop. |
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| Needs to setup again. Possible gap fill to $58.25. |
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| TIF, another stock that needs to set up again. Let it establish more firm levels. Watching $77.88 for new highs. |
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| CSC, someone's buying this up really quick. Looking for a consolidation above the selloff highs. |
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| Another one to watch as the rising 5dMA is catching up. |
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| RMBS one to watch on the daily charts... looking like a bottoming formation. |
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