Here are a few setups I’m watching. These are longs that assume a trending to sideways market and no black swan events……carry on.
$RARE is a biotech (all potential widow makers), so if drinking Ensure is part of your daily diet, then avoid. Anyhoo, the stock has been basing for a while now and is seeing two closes above its 50 day moving average. Possible target 45-50
$JPM looks ready. Get long 58
$TWTR is getting interesting again. It seems to be trying to come out of a base and the volume is improving. It has now closed two days straight over its 50day moving average. Just below that level should be your stop, unless you have a much longer term view.
Still playing longs, but with my Kevlar propeller hat on.
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