AIG has been a volatile stock the last few months. The 20-period moving average has been a great indicator for the stock, once acting as support but now acting as resistance. Look short AIG, use the high of 36.75 as a stop for an entry around 35.50. The first target is 33, and could see some fol...
(less)
MS has turned down to begin forming a right shoulder of a head and shoulders pattern, and we will look for a break of that rising trendline and possibly a retest to get short. ... t3 t3live.com "t3 live" "trades for thought" "evan lazarus" ms
(less)
The market is back at previous highs, and it may be time for some lagging stocks to turn down as the market meets some resistance. MS is a stock that looks like it may be forming a topping head and shoulders pattern. Look to get involved on a break of the rising neckline, and possibly a retest o...
(less)
Each time the market has broken new highs, it hasn’t necessarily been prudent to buy for a possible break out. The market has tended to break new highs, drift higher before pulling back in. The intraday trading has been diffitcult given the mixed signals in the market, so today there will be no ...
(less)
Morgan Stanley (MS) is trending higher in what could be a forming head and shoulders pattern, and should provide a good low risk swing trade higher in the next few days before heading lower. The real meaty trade will be a short at the 35 area for a measured move below the ascending neckline. ......
(less)
Mastercard (MA) has been a stock that has been relatively strong during the recent correction off highs. The stock should soon begin to play catch-up. Try to enter MA as close to 229 as possible for a short. The first target is the gap from yesterday at 219, and in next day or two could get down...
(less)
Coal stock FCX sold off hard in 2008, but has retraced much of that down move in 2009. The stock is nearing the 62% retracement level, where it should meet some resistance. Look for a trade back down into the 65 area, with an ideal entry at around 78 with stops at 79.5. These levels provide a lo...
(less)
and right now you can get great prices on the trade if you want to be aggressive on the trade. AMZN has traded up into resistance, pay attention to how it behaves at this level and it could be a good short, but be cautious. AIG trade did not pan out as the market showed unexpected strength yeste...
(less)
AIG, a hot stock this summer with its potent moves higher, looks like it is headed back down where it came from. Short on a break of the recent consolidation on a 60-minute chart. The trade should take the stock back down into 26-27 dollar area. Put a stop just above the recent consolidation at ...
(less)
Today’s "Trades for Thought setups are shorts in Morgan Stanley and AMZN. MS has built a head and shoulders topping pattern that has developed on the 60min chart. Keep an eye on this stock and look to enter as close to the stop of $34. AMZN has run into longer term resistance on a weekly timefram...
(less)
Safe Search Filter is ON.
Truveo understands that some content may not be appropriate for all users.
We provide a Safe Search Filter so that you can choose the content best suited to your personal interest.
Turning OFF the Safe Search Filter may display content that is only suitable for viewers over 18 years of age.
Click the button below if you are over 18 and would like to turn OFF the Safe Search Filter.