Ponder These Setups For The Afternoon
Newmont Mining was upgraded this morning, and after a nice run, has pulled
back to just below its 20 period moving average.On the daily chart, we’ve got a
wide range bar setting up, which may — I repeat may — break this current
downtrend.
United Health has a nice flat base on the daily, and has just broken out
of an ascending triangle on the five minute chart. A pullback here may be a good
long opportunity.
If Hotels.com can successfully make a 1,2,3, it may be a pretty good long. On
the daily, it’s consolidating near its highs.
Have a good afternoon.
P.S. If you’d like to send a message to one of
our troops, you can do it here.