NTES, SNDA, SOHU all opened strong. NTES was the obvious entry because of the IB, but SNDA was the big winner.
FLS was a trade idea from Briefing.com Swing Trader, Scott Smith. C&H entry on 1 minute timeframe. It ran into resistance today, but the chart is very orderly so I'm keeping it on the WL.
ABX - hammer reversal at support from PDH.
RIMM was not a trade for me today, but I'm posting the chart as a possible Dead Cat Bounce - shorting opp. I'd like to see it retrace a bit more and fail on the third test of the trendline.Also, watching CELG (box play -$46-48) and maybe AMGN $51.50 after getting stopped out on the 2nd half of last week's swing.
2 comments:
Jamie,
Noticed that FXI gapped up and ntes sohu sina snda bidu ctrp ctcm rallied with out a gap playing catch up. Something to note esp if playing China stocks
Thanks BL,
Good point, I will monitor FXI more closely.
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