3 Trade Ideas To Keep You Interested On The Long Side
With US equity markets back on the rise this Monday morning, it’s time to review the watch-list for some long ideas.
The following stocks are a few of what we’re watching here at The Trade Risk and we hold no positions in the following at this time.
$DKS trying to emerge today as a breakout candidate from this multi-month base. A strong close today around 61 is likely to set this pattern into motion.
$AA after pulling back for about a week and digesting the November run up, it looks like we have a low risk entry to jump aboard a developing uptrend, or play for a quick profit back to recent highs.
$POT here’s a longer term trade idea as Potash attempts to reverse a multi-year downtrend and breakout above significant long term resistance.
Hopefully these ideas are actionable for your strategy and if you do like these patterns, check out premium services for more ideas, market commentary, and trade alerts.
Thanks for reading, and good luck out there.
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