LONG: Suncoke Energy (SXC) – Nice consolidation recent days – recovered from the early morning weakness. Look to get long at $14.86.
LONG: Shire Pharma Grp (SHPGY) – Upward rising channel which finds itself testing the lower end. I took a position in this one at $96.41. Looking for a bounce from here. My Stop-loss is at $90.38.
SHORT: Seagate Tech (STX) – Current breaking below resistance. Wait to see if you can get some kind of 1-2% bounce and then load up to the short side. I’d like to see it fill the gap below.
SHORT: TD Ameritrade (AMTD) – Inverse cup and handle. A close below $19.42 would be ideal.
