Thursday, November 12, 2015

Wendy's WEN

Wendy's WEN is a trading range breakout that retested new support at the top of the old range and is holding. I bought some at 9.64 with a stop loss area of 9.20s. Decent risk stop loss with a lot of upside over 10 breakout.

Friday, November 6, 2015

Short Watch

Text book shooting star candle above the upper Bollinger band. These don't come around that often. They just reported earnings recently so its not perfect but the setup is still there for a quick trade.