Trade Ideas For Monday - InvestingChannel

Trade Ideas For Monday

$AIG – I like the location here as it sits just above the 50 & 20 day MA.  I’m looking for a swift move out of this falling wedge that could potentially take this thing back to 52 week highs. The slow sto is turning up and I’m looking to buy strength:

Screen Shot 2013-04-21 at 11.07.25 PM

$GM – Broke out last week, then gave us a perfect retest. I love the consolidation pattern here and looking to buy strength. This one is going higher:

Screen Shot 2013-04-21 at 11.08.25 PM

$JKS – Looking for a solar play? this is it. I love consolidation down here on the 200 day MA, which gives me that explosive “BTFO” look. I’m looking to buy strength for a quick trade:

Screen Shot 2013-04-21 at 11.09.16 PM

$TVL – Same look as our earlier chart AIG. We have 50 and 20 day support, and targeting new highs on strength:

Screen Shot 2013-04-21 at 11.10.00 PM

$VHC – This one is starting to look interesting here. Will look to enter on strength with volume for a bounce back up to $22:

Screen Shot 2013-04-21 at 11.10.51 PM

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