A Nice Reflection on These Two Ideas

LOCK was a long setup presented last week, seen on the updated daily chart, first below. As long as $17.90 now converts into support I still consider this one an actionable long into slight pauses. You can see the breakout from its recent basing pattern, as the stock has steadily moved higher since its swoon last spring. But PCLN still has my eye on the short side, after its recent bounce from oversold conditions. On the second daily chart, note the 100-day moving average (grayish line) providing resistance this morning. If the stock moves back under $1,150 I would consider a shot at pressing for another rollover within this ongoing corrective chart pattern since August.