SPY will rebound from here in large probability.
First level to watch is 115.57 and then 116.87. Most likely the rebounce will stop at 116.87 level and then will have a small dive from this point. For now, it is wise to close all short position.
With these projected rebounce, three stocks are good for a swing trade: Coach (COH), Delta (DAL), and Micron (MU).
Sunday, September 25, 2011
A swing opportunity
Subscribe to:
Posts (Atom)