After seeing the light volume out of the markets on Friday’s sell-off, I didn’t think it would take too long before we would be testing all time highs again. Right now we are three points below all-time intraday highs, and I suspect we’ll test that level before the day’s end, perhaps we might even see the S&P 500 dip its toes into the 1600’s for the first time ever. 

I have provided my long setups below. A number of them are ripe for the picking right now. Texas Instruments (TXN) is breaking above consolidation and on to new highs and looks ready for a move to perhaps $40. Keep an eye on Amazon.com (AMZN) as the last time it tested the 200-day moving average, it bounced very hard. I don’t know if we will see the same again, but it very well might be worth taking a stap at. 

Finally check out Live Nation Entertainment (LYV) as it has some nice consolidation at its highs, (becareful of earnings on May 7th). We could see a quick dollar over the course of the next week. 

Here’s the rest of my long watch-list for swing-trading. 

long swing trade setups 

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