$AAPL at Critical Support
Apple, Inc. is sitting on a major source of support after droping over 25 points in about a week’s time. Will it bounce, or will more weakness be seen? Here are the levels to watch..
Patriot Coal is a Buy
Patriot Coal Corp. ($PCX) has enjoyed an enormous bull trend since late August, as price has rallied from a low of $9.76 to recent highs of $29.20 – that’s a 199% gain! The good news? Another buying opportunity is calling..
Buy Opportunity in $CLI
Mack-Cali Realty Corp. ($CLI) has enjoyed an 18% rally over the last two months, and has recently pulled back from highs. Since every pull-back during this time has offered a nice opportunity to buy at a discount, we could see another round of buying soon…
3 Stocks to Watch
The market has been extremely resilient lately, with every bit of weakness leading to buying opportunities. As such, I’ve picked three stocks that have pulled back from recent highs, but remain within well-defined bullish trends. Each of these stocks are primed for “buy the dip” opportunities that could lead to new highs within their respective uptrends. Read more..
Today’s ES Trade Plan
The E-Mini S&P 500 has been extremely strong thus far in 2011, making every pull-back a buying opportunity. Given the ES’s current behavior, I’ll be looking to execute the following plan of attack for my first trade of the day…