I’ve already bought GOOG this morning at $524.81 on what I believe is a stock prime for a bounce somewhere in the realm of 3-4%. With that said, the stock offers a  very nice risk/reward setup with upside as much as $540 and down side of about 517, which is a 2:1 reward/risk. The other setup is BBT which is seeing a ton of overhead of resistance after breaking through it on Friday with strong volume.

LONG: Google, Inc. (GOOG)

SHORT:BB&T Corp. (BBT)

Be sure to Join the SharePlanner Trading Network for free if you haven’t done so already.

You Might Like

  • Managing Headline Risk: How to Survive the News Cycle Without Losing Your Mind

  • What to Do After a Winning Trade

  • SCOTUS & Trump’s Tariffs: Preparing for the Verdict