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Monthly Archives: December 2013
Rockwood Holdings tests and moving higher
Rockwood Holdings (ROC) pulled back to test its break out level and it is continuing to move higher today. I have written several times in my trading journal how this kind of pull back followed by a strong continuation in … Continue reading
TLT Watch out below!!!
The 20yr Treasury ETF shows some serious signs of weakness. It looks like it wants to break support around $102. If it does, it probably won’t stop descending until around $95 and ultimately $90. With a stop above $104 I … Continue reading
IWM Again
IWM is approaching a level of support that sets up a low risk trade. I expect the ETF to find demand around $111.42- $111.45 where I defined my entry with a tight stop just below it. The target is $114 … Continue reading
