I wanted to post a few ideas I heard this week in the VTF. Why? Because I am procrastinating on doing some writing and stuff around the house.
One caveat to any of these charts is the debt debate in Washington. The clowns in the sideshow should offer some nice volatility and break apart any technical analysis.
Other stocks to watch: GMCR SBUX
Kuerig machines will sell like crazy with SBUX coffee, but will it cut into SBUX store sales?
Casinos: MPEL MGM LVS WYNN
They are strong, and thats all you can say. MPEL's move has been incredible since $7, now trading over $15. I thought riding it up and selling near $10 and $11 was awesome.
Easy wedge formation.
This whole sector getting stomped. Well established downtrend, watch for a breakdown or a potential double bottom.
Similar situation to AKAM.
This one was mentioned several times and hsa flagged nicely. Stop below $7, potential to $9-10.
Downtrend consolidation, with a nice bounce so far. Trendline critical.
Long consolidation and range. Good to set alerts above and below.
Break out potentially and some fib targets.
Wedge / possible cup forming.
Watch for a test of support and continuation.
Nice breakout after a test of suport. Rare earths see to be getting some action again.
Support again. Easy stop on weakness.
Some consolidation, maybe a flag. Could consolidate/test trendline.
Solars have been and probably will be garbage with oil below $100. Watch for a short opportunity or a bounce.
Could is repeat previous support bounces? Has been sideways for a while.
Nice bounce. Missed it thus far. Can we get to $5 again.
Double bottom offers a good stop on a long. Or entry on a short.