This Is Why You Should Watch The Recent Lows
Yahoo! Inc (YHOO) is
reporting its earnings after the close. The Reuters consensus
is 11 cents a share. Currently the issue is trying to rally out of a pullback
after testing the lower boundary of a gap zone on the 15-minute chart.
10:21:01 (From TradersWire)
|
Action |
Symbol |
Order Type |
Setup |
Stop |
Target |
Current Price |
Posted By |
|
Buy |
PNC |
Buy at MKT |
54.14 |
54.50 |
54.29 |
TK |
PNC Financial Services Group
(PNC) gapped down at the open, but it managed to hold above Friday’s low. It was
a potential 1-2-3 bottom situation. As you can see below, the 7-period RSI was
starting to improve, too. We decided to buy the stock if it could move above the
10:00-10:15 bar high. Â
10:31:49
Follow up on PNC (10:21)
Sell half to capture a 21-cent gain. Move stop to breakeven.
12:27:25
Follow up on PNC (Pt.5)
Feel free to mail me your questions.