SCORing With Slim Jims
One of Kevin Haggerty’s favorite patterns is the
Slim Jim, a narrow-range intraday consolidation. In fact, he recommends
scrolling through your charts to find them. In TradersWire, we try and spot a
few for you every day. Today, Syncor International
(
SCOR |
Quote |
Chart |
News |
PowerRating) traded in a Slim
Jim near its intraday highs, and the breakout yielded a decent trade over the
next hour.
11:35:31
Intraday
Setup Alert
Syncor International (SCOR)
is trading in a  Slim
Jim after gapping up on news that it has amended its merger agreement
with Cardinal Health. SCOR is up 3.06 at 29.18.
Get in the habit of scrolling to find these,
especially after 2:00 PM ET, when they tend to be more prevalent.