Rabu, 24 Juni 2009

Today's Trades - NTES, FLS, ABX

NTES, SNDA, SOHU all opened strong. NTES was the obvious entry because of the IB, but SNDA was the big winner.

FLS was a trade idea from Briefing.com Swing Trader, Scott Smith. C&H entry on 1 minute timeframe. It ran into resistance today, but the chart is very orderly so I'm keeping it on the WL.


ABX - hammer reversal at support from PDH.

RIMM was not a trade for me today, but I'm posting the chart as a possible Dead Cat Bounce - shorting opp. I'd like to see it retrace a bit more and fail on the third test of the trendline.

Also, watching CELG (box play -$46-48) and maybe AMGN $51.50 after getting stopped out on the 2nd half of last week's swing.

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