I’m keeping it simple tonight. Five long ideas. Some old, some new.
MV (Metavante Technologies, Inc.) – is a good looking long. Breakout is an all time high. Volume is also picking up. Looking to enter at $26.25. Stop at $24.85.
SGP (Schering-Plough Corp.) – Entry at $24.25. Stop at $23.20.
DLTR (Dollar Tree Inc.) – [...]
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THE BIG PICTURE
I’ve looked at 200-300 charts this morning and the charts generally look bullish to me. I’ve been following QQQQ to give me market direction, and we set a new intraday high over the May high and the intraday action also breached into the October gap (although it has yet to fill it). There [...]
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