Hey Folks – Running into some difficulties with my screener this morning, but I’m going to put out a few that are on my watch list and that appeared on yesterday morning’s post. I am strongly considering going long in EBAY this morning, so we’ll have to see how that goes.

Here are Today’s Trading Ideas

Potential Swing Trade (Long): Spectranetics (SPNC) – A beautful chart, with the stock breaking out to new highs and has a lot more room to move still, even higher. Right now this stock sits above a previous resistance level, which provides an excellent entry point. Place your stop at 6.57.

Potential Swing Trade (Short): Symmetricom (SYMM) – A classic head and shoulders pattern, with the neckline of the pattern forming a lower-low. Very bearish setup here – place your stop at 6.41.

Click here to See the Rest of My Trading Ideas.

Potential Swing Trade (Long): Ebay (EBAY) – Solid breakout play here, and has pulled back to the support that represents the breakout level. This stock looks like it has a lot of upward movement left in it, and this resting point that it is currently at offers an ideal entry point. Place your stop-loss at 25.11.

Potential Swing Trade (Short): Zoll Medical Corp (ZOLL) – After putting in new highs back in January, ZOLL has put in consecutive lower-highs. Ideally though, it needs to break through the 25.38 price level, before it can be considered a true breakdown. However, The upward trend that started in March ’09 has been broken, and has a very bearish profile about it. Place your stop-loss at 28.45.

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