$FSLR is Ready for Another Breakout
After reaching our $140 target a little over a week ago, First Solar ($FSLR) looks poised for another big breakout opportunity – one that could move price over 10 points!
$BIDU Headed to $75?
Baidu, Inc. ($BIDU) has been an incredibly strong stock over the last 18 months, rallying from $10 to $82 during this stretch. However, $BIDU could be headed for a short term pull-back, which means we could see price drop back toward $75 over the next few sessions.
Action Levels for the ES for 7/20
The ES played extremely well off our Action Levels yesterday, as two decent sell opportunties led to moves of 12 and 9 points. Given yesterday’s relatively quiet trading day, we could see another explosive breakout/trend day upon us. Let’s take a look at the levels to watch for today’s trading.
Action Levels for the ES
After Friday’s decline, the ES could be on the verge of much more selling pressure ahead. Take a look at the action levels that I’ll be looking to play today.
Look Familiar?
I wrote about the $VIX Reversal Signal in my June 30 entry entitled “Follow the $VIX”. So far, the $VIX Reversal Signal has been money…but so has the H&S fake breakout I diagrammed on the S&P 500!