Lasertrader's Place

A Potpourri Of Trade Ideas and Setups

New Watchlist Setups for Tuesday 1/19

Posted by lasertrader on January 18, 2010

Now that we have options expiration behind us maybe we can get some nice trades going again. Friday’s action invalidated a number of long setups in the leading momentum movers from the previous weeks such as the AAPL and CAT setups but RAX hang in there. This is why we don’t take the trades until the actual alerted trigger price is hit. Front running the setups usually results in losses.  We have a few Longs to watch and one short going into Tueday. The Big Picture of the SPX can be seen here .

Here are the watch list setups

RAX Long over 23.52

HLF Long over 44.75

WATG Long over 14

NKE Long over 66.50

PBR Short under 44.80

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One Response to “New Watchlist Setups for Tuesday 1/19”

  1. traderkly said

    Thanks laser. I like HLF and PBR.

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