Stocks To Watch
- alphatrends
- July 27th, 2008
Below are some of the stocks which look poised for further trend continuation in the week ahead. We are in the middle of earnings season which means you need to be aware of the earnings release dates for the stocks you trade so you can avoid getting blindsided by earings related volatility. Make these ideas yours with the concepts of trend alignment and remember that defense wins the game. Do not get locked into a belief about what you think a stock should do, learn to listen to its message and take losses quickly.
I uploaded an additional six stocks to watch for the long side to the bonus tab of the book website. All of the six stocks have a large short position relative to average daily volume. Four of the stocks have reported earnings, 3 were better than expected, 1 was inline and I provided the date of release for the other two stocks.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Brian Shannon is a full time trader (with 20 years of experience), educator and author of the highly regarded book Technical Analysis Using Multiple... More »
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