A Trail Mix of Trade Setups

20 January 2012

by Ryan Mallory

How long the bulls can put a constant bid underneath this market is anyone's guess. There's no doubt we are overbought beyond measure, but that seems to hold little value these days. With that said, I've provided a balanced assortment of long and short setups. What's interesting, is that both long setups revolves around oil, while one of the short setups below is for USO. Go figure.

LONG: Tesoro Petroleum (TSO)

SHORT: Chelsea Therapeutics (CHTP)

LONG: Valero Energy (VLO)

SHORT: United States Oil Fund (USO)

Be sure to Join SharePlanner's Real-Time Trading Network for Free!

Related news items:

Add comment

Categories

youtube

email

Get Ryan's Free E-Book & Weekly Stock Pick

Joomla Newsletter

Network Action

MikeK bought AGA at $19.63 with a stop-loss of $18.11 and a target of $26.00

7 hours ago

Steve sold TVIX at $9.60 for a 18.08% gain.

7 hours ago

KrisB covered FCX at $31.98 for a 0.87% gain.

7 hours ago

RyanMallory covered EUO at $20.84 for a 1.21% loss.

8 hours ago

MikeK sold WNR at $19.58 for a 0.00% gain.

8 hours ago

KrisB shorted FCX at $32.26 with a stop-loss of $32.67 and a target of $31.72

8 hours ago

TWT added 3 new Charts in THE WAVE TRADING SHORT TERM EWP album

More

9 hours ago

tscoats sold PAY at $46.30 for a 1.92% gain.

9 hours ago

tscoats sold TSO at $23.00 for a 1.05% gain.

9 hours ago

KrisB sold TPX at $48.63 for a 0.47% loss.

9 hours ago