July 12th 2007
Swing Trade - Long BA Entry: 101.40 Stop: 99.50 Target: 110.00
Today’s trade is a bit of a slow mover, but the cup with handle BA is carving out is impeccable.
My target is based on the move from the bottom of the cup to the top of the handle. Honestly, I will wait and see what the price action dictates.
The Lean Hogs trades is totally invalid now. Price has completely reversed direction.
The Euro trade is still going well. I’m anticipating a bit of a retracement. I may add some if it comes back to support. I’ll keep you posted.
CBD has setup in a big way. I wish there was more volume on the breakout though. Hopefully we’ll get a high volume confirmation day in two or three days.
See you tomorrow!
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