Top 5 Trading Ideas for 11/27

November 27th 2007

Here are my top 5 trading ideas for 11/27. I even threw two longs in to satisfy those of you banking on a rally.

A symmetrical triangle with a bearish slant. I like it under 101.

SIAL is clinging to an upward sloping trendline. I don’t think it can withstand the withering attack of the bears. I like SIAL below 49.50.

Here’s another symmetrical triangle with bearish overtones. I like BG under 105.

Looks like QSC is ready for bigger moves. I like QSC over 5.18.

Is NIHD forming a double bottom or ready to break to new lows? I like NIHD over 54.50.

See you tomorrow!

If you like this post, then consider subscribing to my full feed RSS feed. You can also Subscribe to A Trade A Day by Email and have new posts sent directly to your inbox.

1 Comment »

thewild1 on 27 Nov 2007 at 10:47 am #

I think NIHD can get to $80.. give it a month or 2..

although with this market it could very easily go to 20..