Trade Setups For Thursday - 10/17/13 - InvestingChannel

Trade Setups For Thursday – 10/17/13

BALT – Looking to jump on board with The Fly with strength in the shippers. Watch for a breakout in the imminent future.

Screen Shot 2013-10-16 at 11.06.18 PM_______

ONVO – Still one of my favorite setups out there right now, coiled up tight and ready to go:

Screen Shot 2013-10-16 at 11.07.15 PM______________

MLNX – Landed on runner screen inside The PPT, so watch for a squeeze here. I like the fact that earnings are in a few days giving shorts a reason to cover. I won’t hold into earnings, but there’s a good long trade in here.

Screen Shot 2013-10-16 at 11.09.53 PM

_________

SFUN – With the China names running, I see no reason why this thing can’t sprint to $60. I like it for a trade on further strength:

Screen Shot 2013-10-16 at 11.08.10 PM________

DATE – Another China name coiled up tight, practically begging for a move:

Screen Shot 2013-10-16 at 11.09.02 PM_________

See you guys at the open, and make sure you check out the other side of IBC, our trading room, 12631. Good luck today.

Related posts

Carl Icahn Increases His Stake In Take-Two Interactive To 10.68%

ValueWalk

iPad Mini Display Outperformed By Kindle Fire HD & Nexus 7

ValueWalk

Foxconn Might Open Manufacturing Plants In The U.S. [REPORT]

ValueWalk

Peter Cundill Protégé Tim McElvaine on Investing in Japan [VIDEO]

ValueWalk

Set Bing Home Page Image As Lock Screen In Windows 8

ValueWalk

Morning Market News: JCP, APO, MCHP, ZIP, ENR, LGF, EA, ATVI, COV, LNT

ValueWalk