SD – Sandridge Energy – I had successful trades with SD in the past and it seems ready for another move higher considering the strong trend that it’s on and a pullback nicely to the 10MA. The trigger resistance is $13.09 with support at $12.62.
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RAX – Rackspace hosting – Similar set up, flagging at the high. The stocks broke out of a major consolidation pullback last month. Look for a positioning waiting for breakout above resistance $43.45 – $44.18. Support around $42.33 and stop loss below support 40.70.
