From the looks of it it looks as if Crocs (CROX) will be near support at 16.50 and might also form a hammer therefore I really like to be long on CROX tomorrow with a stop loss at 15.80.
Update:
(HAL): It looks as if Halliburton will continue to slide tomorrow as it looks as if they will be forming another inverted hammer. Furthermore, it is near the top of the bollinger bands and is also near resistance.
(CROX): It looks as if it will be forming a hammer at 17.50 today which is a bullish sign along with being at the bottom of the bollinger bands with support underneath at 16.50.
Long:
Crocs (CROX)
Stop Loss: 15.80
Profit take: 19.00 or days end
Short:
Halliburton (HAL)
Stop loss: 40.00
Profit take: 38.00 or days end
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment