Tuesday, September 18, 2012

Trading Plan for Wednesday, 9/19

Trading Plan for Wednesday, 9/19

PCLN - Nice little uptrend here, about to punch through this descending trend line. Kind of melting up volume wise, but if it breaks on heavy volume it could be a great long

ZAGG - Looking pretty good, if it can get through this resistance and the 50d on volume, it should be a strong buy.

OVTI - Holding above the 20d. Next buy/add area when clears this resistance line on heavy volume

NFLX - Just hanging out in this triangle, a break of either line on volume will be actionable swing trading.

SPPI - Volume is picking up nicely as it approaches this major resistance and the 50d, buy/add when it clears these on heavy volume.







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