Lasertrader's Place

A Potpourri Of Trade Ideas and Setups

Trade Setups for Monday 1/4/10

Posted by lasertrader on December 31, 2009

There aren’t many good setups going into the first trading day of the new year. After the ugly close on Thursday it may be prudent to see what the market wants to do going into the first few days of January before committing a significant portion of your account to new trades. Here is one that showed up in the scans that has promise.

WBD Long at 23.85

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2 Responses to “Trade Setups for Monday 1/4/10”

  1. DeWayne Hall said

    You are looking at WMB as a short play, right?

  2. I made a mistake typing the symbol and it has been corrected to WBD and I am looking to go long if it can break through the long standing resistance on volume

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