ig Picture 17-May-2016
market set to open flattish after yesterday's strong rally. we continue to be range bound between 204 and 208 with no follow thru after strong moves in either direction. buy weakness. sell strength name of the game...
Fresh News
stock support resistance inflexion notes trading plan hd 130, 133 135.50, 136, 137 small beat. small raise. slight margin pressure. plce 69, 70 73.80-74, 75.40 guides up 5% on EPS plust .20/quarterly dividend lc 3.50 4 DOJ supboena. could be catalyst for ST bottom fran 10, 11 13, 14 12 guides down. CEO resigns w/out explanation prgo 85,86 88, 89 lowered guidance related to tax miscalculation
Second day plays, Technical setups and Trading ideas
stock support resistance inflexion notes trading plan mgt 2, 2.60-2.80 ?? .50 to 3 in a few days. should top out today/tmrw aapl 92.50, 93, 93.70 95-95.35 94 bounce from 90 back to key 94 level vrx 25, 26 28, 29 bouncing off lows w/ a some positive news flow. fb 118 119 crushed on open. retrace back to 119 break area
No comments:
Post a Comment