Trade Ideas - Watch List
ANY- had news this week about a deal with Microsoft. It found some support at $4.00, long idea at $4.05 risking to $3.89, being the second support on the intraday chart
PBR- Brazil oil and gas drilling an explanation stock broke the downtrend in the 6.40's area last week. We would watch for a dip to the 9.90's or lower for a scalp/day trade. PBR is also on the swing list!
VALE- has delivered big volume over the last three days and all indicators are pointing up for VALE, with no resistance until $8.50 area. We will look for a pullback and base before entry.
CLF- showing an uptrend on the daily chart, looks good once over the 50-EMA with higher than average volume resistance in the $7.00 area. We will watch for a pull back at the open for entry, if it doesn't gap up!
ENZN- made a lower high on the daily last week. Short idea at the open for a quick +.10 scalp and once it bases, reverse to a long!