Sunday Evening Post- New Setups

{+++} The market sort of went sideways last week which is very healthy action considering the move we have had.  The Nasdaq holds in well even with AAPL under big pressure.

There are many fine setups out there (as you know biotech is froth central right now). Here are few stocks I am going to play this week.

REGN is one of the Cadillac biotechs that we may have s shot to buy here on a pullback. Buy the 274-277 level. These wedges or falling channels have been money in this market, and REGN is in one right now.

regn

AZPN is coiling on the daily chart. Buy the 42.63 level.

azpn

BABY (credit to Ned a long time subscriber) who pointed this one out. The stock has been coiling for months and is now working on a mini bull flag. Buy the 24.80 level.

baby

FONR is working in its second bear flag in as many weeks. Buy the 26.4 level.

fonr

See you all in the trading room in the morning.

Joe

 

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