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JOY Short
JOY
, D
Short
JOY: JOY Short

Sell Area - $60.80 - $61.50 Target Area - $59 Stop Limit - $63.50 (The resistance point on the chart) Reasons to sell: - Daily stochastics being overbought - Two daily candles ran into same resistance and sold off www.TradeForPay.com

INTC Long
INTC
, D
Long
INTC: INTC Long

Buy Area - $22.50 - $23.30 Target Area - Around $24 (First Fibonacci retracement level) Stop Limit - Below $22 Reasons to buy: - Daily stochastics are oversold - Within a channel and bottom of channel would be around entry area - Previous lows are around entry area from December - If you were to count June - September as a giant bear flag the meassured move down...

X Short
X
, D
Short
X: X Short

Sell Area - $21.50 - $22.30 Target Area - Around $19 (Near previous lows) Stop Limit - $22.80 Reasons to sell: - Massive trend line resistance from March has yet to break through - Daily stochastics almost overbought - General weakness in the steel sector compared to the overall market - Reversal candle stick www.TradeForPay.com

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