Stock Trading Ideas for 5/2/11
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We have been looking at the inverted head and shoulders pattern in the $SPY for a potential upside target, another more conservative target is found with the “measured move”, explained in this video.
Markets continue to make higher highs and higher lows and new entries should focus on stocks which are in low risk positions. This video reviews key levels for the markets and some individual stock action.
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It was a quiet day for the markets, but the market holds onto the gains from last week. This video takes a look at some important levels for $SPY $QQQ $IWM $XLF
{+++} Please REGISTER HERE for MONDAY’s (April 25) live event from 8-9 PM Eastern. We will not discuss any bulletin board stocks or stocks which trade less than 500,000 shares per day. There are some very simple procedures I ask everyone to follow to ensure that the webinar flows smoothly and that your questions get … Read More