Trade Setups

Today’s Lazy Swing Trades long and short:  I have yet to take a position in either of these, but they are both setting up well. The short setup in WellCare Group (WCG) is already in the process of confirming the head and shoulders pattern as identified below.  Amkor Technology (AMKR) you will want to be

BG offers a great setup to get long with. Stock: Bunge Ltd (BG) Long or Short: Long Entry Range: $75.11 Stop-Loss: $72.79

My Swing-Trading Watch-List for Long Setups I’ll keep it brief, but the swing trade list posted on the right represents the list of stocks that I will be following closely heading into next week. There are some on there that I have already gone long on such as VMC and EW. The others though represent

WCC long is an All-American Long Swing-Trade Stock: Wesco International (WCC) Long or Short: Long Entry Range: $68.24 Stop-Loss: $65.67

EW pullback offers a second chance for traders Stock: Edward Life Sciences (EW) Long or Short: Long Entry Range: $93.15 Stop-Loss: $89.99

VMC breaking out and bull-flagging Stock: Vulcan Materials (VMC) Long or Short: Long Entry Range: $53.25 – 53.50 Stop-Loss: $51.67

TEVA rallying on weak volume into resistance Stock: Teva Pharm (TEVA) Long or Short: Short Entry Range: $38.05 – 38.25 Stop-Loss: $36.12

ServiceSource Int’l (SREV) breaking out of consolidation into the gap Stock: ServiceSource International (SREV) Long or Short: Long Entry Range: $6.03 – 6.06 Stop-Loss: $5.83

NFLX sets up nicely as a swing-trade short setup.  Stock: Netflix (NFLX) Long or Short: Long Entry Range: $91.00 – $90.50 Stop-Loss: $95.55

I’ve taken a long position in BUD, but may add 1-2 short positions in the next day or so.  My entry in Anheuser Busch (BUD) at $88.99 happens just as the stock is on the verge of breaking out of some major consolidation of late. The second position, Clean Energy Fuels (CLNE) has failed yet