30Mar11:30 amEST

Fighting for the Good Setups

A few long ideas on further strength with solid charts: IBKR ONCE. I would also keep an eye on ICE over $240. 

On the other hand, I would probably still be careful with any solar longs, despite FSLR green today. YGE is falling apart again, and CSIQ may follow suit for a move lower. In general, the sector is best for day-traders until further notice. Similar comments again apply to BBRY, below on the daily chart sporting the quintessential "one-trick pony" biotech type of chart, with random, rumor-filled pops and drops. 

Elsewhere, CORN and WEAT look to be taking the lead in the soft commodity complex, perhaps worth a look if their strength holds.

And the 20-day moving average on Brazilian energy giant PBR is a good point of reference, just below spot price, to see if it can make a higher low in its downtrend. 

Stock Market Recap 11/13/17 ... Lovely Animals, and I Ain't ...

 
BackToTop
 

This website is intended for educational purposes only. | © 2024 MarketChess.com | All Rights Reserved | Website design by Saco Design | Superpowered by Site Avenger

mobile site | full site