double top with neckline just a tad broken as of 3:30pm
Hadn't seen you around for a while, so I thought I'd catch up to you.
Looking at this BKE - chart looks good. I'm going to watch it tomorrow to see if it holds above $30 and make an entry and may add if it breaks above $32
What else you been up to? I'm trimming back on some positions and lightly approaching ETF's - just kinda balancing some things until July then I look to make some strong swing trades until early-mid September - then I'll be heavy into ETF's and shorts
i recently sold GMCR and TSRA and now mainly in cash other than BKE...it recently went back into the long term trend and in my opinion is retesting the lower trend line ....im speculating since it went overold quite abit it will eventually go overbought(stocks usually do that) im getting a little cautious with the markets as you are....too many distribution days piling up which can turn the market.
Well, I dabbled in BKE (200 shares) so I did alright today - just testing the waters.
I have been trying to reduce my positions, but I have a few in which I made some risk/reward decisions leaving me more heavily on the risk side - and I asm still playing CLF, which I have been doing well with that one, but I still feel I need to unload and increase my cash positions.
I unloaded some ETF's today for some decent gains - probably a little premature, but hey - profit is profit