Hi, these are just ideas not recommendations, sometimes I trade my ideas, sometimes I don’t.
Always remember, yours is the responsibility for your trades,
Good luck,

Tuesday, April 24, 2018

Some Random Thoughts

The market tried to break above yesterday high but currently is not holding. Still hovering around the lower 45 degree channel line. Let’s see how it ends. Still some possibility, but my right line analysis tends more to a drifting position at best.

At the open I bought one of my favorites because its ability to climb with the market. A measured move should take it near 114, with a little help from the market. Stop loss at yesterday low.

At the open yesterday I went long WEC, (utilities anyone?), only to see it reverses almost immediately. Still hope with the breaking of the box and the retracement line. Target 63.5, stop loss at yesterday low.
Blowing again?

Thank you God
Shalom Alle

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About Me

I am a civil engineer who likes charts, to me, speculating in the markets is both a hobby and a second profession and in my view the stock market is the most honest environment, since it is only your knowledge and preparation that matters. I live, and work in the construction industry, in the Dominican Republic. I read and answer all my mail so please feel free to write sternloinaz@gmail.com Thanks, Erick