Quick Hits
If you are a daytrader, going where the action is will greatly increase your
chances for success. A simplistic statement? Perhaps, but no less true because
of it. Stocks in motion tend to remain in motion, at least for the short term.
Â
12:51:58
Intraday Setup Alert
Internet Security Systems (ISSX)
is moving out of an intraday pullback. ISSX is now up 3.80 to 32.60.
Â
Â
The pullback is short, as continuation occurs after only one
inside bar on the five-minute chart prior to almost a 2 point gain. Don’t give
up on a stock just because it is up. Many times these can be the best candidates
to push higher on a day when the market is providing little to no resistance.
Until tomorrow,
Duke