Trading Long After Dow Goes Through A Correction
Posted by Stock Online Trader in Stock Picks on 01-28-2010
GS dipped below 150, but bounced back end of day. It put in a doji and might be trend reversal day. Going on long ~151 with stop at 149.50.
ISIS looks ready for more green. Nice spike up on good volume. Long on break above 11.72. Stop below 11.00 support.
KRE looks ready for breakout. Long on break above 25.00 with stop loss at 24.40
MCO got upgraded and broke out of its $28.00 resistance. Long on green action with stop below 28.00
ROL put up an impressive earnings which lead to 8% jump in stock. It is ready to breakout if it takes out 20$ resistance with conviction. Tight stop of 19.70 on it.
SNDK would make a nice long entry on break above 30.00. It couldnt breach above 30.00 today. Lets see if it can do it tomorrow. Stop loss 29.45.
