Professor’s Comments January 23, 2015 Update
Posted by OMS at January 23rd, 2015
I’m having a lot fun trading energy this morning.
HAL is now up about a buck after it gave say so on the 5s. Now I’m focusing on SPN on the 5s.
Like I said, you have to trade what you see, and right now the best bet appears to be a bounce in energy.
Remember, this year I want you to pay attention to stocks entering the TREND MODE. Earlier today I said that the Dow was overbought and NOT in the TREND MODE. But HAL was.
See the difference? The Dow is currently down about 35 points, HAL is up a buck!
TWID,
h
Not sure of the terminology we use? Check out these articles
The Hockey Stick Pattern
The Creation of Waves and Trends
FAQ
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Category: Professor's Comments