Here is a new feature that I am playing with, and if popular, I will try to do it every morning prior to the market opening. Based on the prior night’s chart reading, I will come up with a handful of charts that have potential Long or Short setups and provide you a handful for each. This is intended to help you narrow down your search, provide you with a few good swing-trading ideas and hopefully something you can profit off of in the long-run. These stocks that I identify are for swing-trades.
Long Stocks: CHUX, CMTP, CYMI, LLY, HSY, TLM, CRI, DRRX, KYN, PNSN
Short Stocks: BBT, UNH, CYCL, FUN, EQ, FCH
Some factors that I am not considering in the stocks above are Industry performance, performance against peers, and fundamental analysis. This is a pure chart read and a filter to help you find stocks that offer solid risk-to-reward opportunities.
Have at it folks!