Admin

Financials Break Out

Large and small, Regionals broke out today.  My guess is on the news that the Fed will raise rates sooner than previously believed.  I am already long JPM from a lower level however would recommend JPM on a pullback/test of support as well as the double bottom in $C.  If you buy the breakout, plan to add on a test of the 2d with a stop below the February swing low.  Target equal to the height of the pattern, roughly $53 or more. JPM target roughly $63 but I always leave some on the table and let it run with a stop on b/e.  You never know how far we can go.

Read More, Comment and Share......

E-mail me when people leave their comments –

You need to be a member of StockBuz to add comments!

Join StockBuz

Pardon our dust as this page is undergoing a facelift.  Please report any difficulties you may experience during this phase.  Contact us

***********

You're welcome to add new charts and photos using the "Add" button found at the top/right.

  • Be certain to give each a TITLE
  • Select a category that best fits
  • Select more than one category by holding down the "CTRL" key when selecting the second or third category.
  • Add "tags" which best describe your chart so it can be located by search engines. (ex. Apple stock, AAPL, long trade)
  • Since we don't charge for our trade ideas, please pay with a