Monday, April 7, 2008

Setting up

Over the next couple weeks I will looking at some potential setups for longer-term trades. These are not yet recommendations, just stocks I recommend keeping an eye on. Wait until after a week or two of Q1 earnings to see how the markets react to said earnings.

First up: OXY, RIMM, USO. All of these are setting up nicely for a move upward (ascending triangle pattern) just as X recently did - see March 31st post. Take a look at it now.

Also, like everyone else, I like AAPL but don't touch it until it makes a decent pullback.





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