ryandbaird

ryandbaird

Spec trade with lots of upside... easy risk management

ryandbaird

I like this long.... IH&S easy risk management

ryandbaird

watch this name to short the retest of the breakdown or see if it forms a bear flag here. I don't know anything about the company but doesn't seem like a stock going to zero anytime soon. Selling call spreads might be the best short here

ryandbaird

bull flag break out... also broke a big downtrend last sept... wouldn't surpprise me to see this double in a year

ryandbaird

Break above this flag and I'd be looking for new highs. Short term targets 55, 58, 60. If i'm right about where gold is headed GDX will make all time highs in 2013

ryandbaird

near major breakdown. first target 23... H&S top measures much much lower....

ryandbaird

H&S top looks reasonable in ZUMZ.... still has a gap to fill from dec 2012. I would note that short term it is over sold so maybe scale... whatever you do use proper risk management.

ryandbaird

trend is broken, easy risk managment. first target down to the next support level. lower lows, lower highs. easy risk management.

ryandbaird

looks like 75 to 80 range.... wait for pull backs to get in... oh yeah it pays a 4%+ yield while you wait

ryandbaird

massive IH&S pattern long term.... but my focus is the mini IH&S that targets 8/8.50

ryandbaird

who knows where they pin NFLX to this week but if the market holds up I'm looking for this gap to be filled

ryandbaird

looks like capitulation to me on the weekly. reversal candle too... easy risk management. I'd look for this to move back into the high 40's

ryandbaird

Could there be a huge H&S pattern forming the SPY? Its possible but I wouldn't put that much weight into it. I'm sure everyone remembers the massive head fake a couple years ago. Something to keep an eye on though...

ryandbaird

I think we get 1 more higher high; pull back... then the next push I'm really interested in. Lower high and I think we pull back hard but higher high and we're off to the races. Earnings and bank stress tests will be in focus.