Movin’ On Up
Often in this column I write about how you can use the java applet to locate
stocks with profitable setups, but on some days (like today) the Insights
From The War Room will profile setups that just take off and seem
very easy.
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10:47:25
Intraday Setup Alert
Siebel Systems (SEBL)
is pulling back from its intraday high. SEBL is now up 2.26 to 51.50.
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11:30:14
Intraday Setup Alert
Verisign (VRSN)
is starting to rally out of an intraday cup and handle, now up 3.96 to
64.70.
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Many issues we have profiled this morning have also managed to
post smaller gains. I show these examples to showcase how powerful moves can
take place after the analysis we provide. Keep in mind, however, that the Insights
From The War Room is but another tool provided by the TradersWire.
Don’t succumb to the lure of thinking this will do
all the work for you, and analyze the setups we provide in the context of your
own trading style and money management parameters.
Until tomorrow,
Duke