IYR - Chart Link - was a low risk short
into resistance, remember this was added to the watchlist on May
22nd, not to short on that day, but after a bounce into
resistance
SRS - Chart Link - when it was added to
the trade ideas list on May 22nd, was looking for a pullback into
to support to offer a low risk buy
ALL - Chart Link - this one on the
watchlist still remains a low risk short, notice how the 5,3
Stochastic got overbought while the MACD histogram hardly
budged
$HGX - Chart Link - Housing Index which
Steve discussed last night, and of course the stocks in that sector
were good shorts,
VNO, SPG, IYR, HGX, LEN, PHM, DH
recent trade idea shorts
Posted by matt on 30th of May 2012 at 04:29 pm
IYR - Chart Link - was a low risk short into resistance, remember this was added to the watchlist on May 22nd, not to short on that day, but after a bounce into resistance
SRS - Chart Link - when it was added to the trade ideas list on May 22nd, was looking for a pullback into to support to offer a low risk buy
ALL - Chart Link - this one on the watchlist still remains a low risk short, notice how the 5,3 Stochastic got overbought while the MACD histogram hardly budged
$HGX - Chart Link - Housing Index which Steve discussed last night, and of course the stocks in that sector were good shorts, VNO, SPG, IYR, HGX, LEN, PHM, DH
nice charts Matt, many thanks!
Posted by morton13 on 30th of May 2012 at 04:33 pm