Category: position trade
-
A Monsanto Topping Pattern?
I went short 100 shares of MON at $120.76. Rather than analyze the trade setup as I have been doing, I’d like to take a look at MON’s weekly chart. It’s starting to look like a top might be forming. Take a look at the price action. For the fist…
-
Today’s Trade (FWLT), Market Notes and Off-Topic
I bought 100 shares of FWLT at $129.26. This is a small feeler position and I will buy more on a pullback into the $125-126 range. To the upside, I will buy more on a break of $135. Note that this is a position trade with a longer time frame…
-
Primary Watchlist for Wednesday
Here are six of my favorite long candidates: VRGY, HEI, JCG, CYNO, OII, MT. All are trending stocks with nice pullbacks. While these are short term trade opportunities, MT and OII (two of my favorites in their respective sectors-steel and gas equipment) will be buys for my longer term position…
Paul J Singh 