Possibly forming a falling wedge BUT will need to show a volume
reversal breakout back up to trigger a long trade.
Speculative stock and tough trader in the past.
have a small position now, was thinking of doubling up @ 4.50.
If it bounces off the bottom of your 60 min wedge....what do you
think? Most of what I'm reading tells me the odds favor a
short term break to the upside on the S&P.
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LNG 60 Minute
Posted by steve on 9th of Dec 2010 at 02:23 pm
LNG
Possibly forming a falling wedge BUT will need to show a volume reversal breakout back up to trigger a long trade. Speculative stock and tough trader in the past.
Thanks Steve. You guys doing
Posted by hutrader on 9th of Dec 2010 at 02:35 pm
Thanks Steve. You guys doing good job here!
bac
Posted by fixdgear on 9th of Dec 2010 at 03:45 pm
id look at bac mar 14 calls i like cheaper option close to the money..but thats me..
have a small position now,
Posted by jamesl on 9th of Dec 2010 at 02:34 pm
have a small position now, was thinking of doubling up @ 4.50. If it bounces off the bottom of your 60 min wedge....what do you think? Most of what I'm reading tells me the odds favor a short term break to the upside on the S&P.