For today’s lazy trades, I’m happy to offer to appealing trade setups. The first one is in Qiagen (QGEN) which has a well developed bear flag pattern and established downtrend. I also like how this stock has struggled and found resistance with the 20-day moving average as well.
The long setup comes for Siget Jewlers (SIG) and has a nice coiling pattern that I expect, if it can break out of the tight, short-term pattern, will push into the upper $50’s.
Here’s today’s Long and Short Trade setups.
Long: Siget Jewlers (SIG)
Short: Qiagen (QGEN)
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