Monday, June 17, 2013

THIS WEEK'S SWING TRADING WATCH LIST FROM TONI HANSEN

Long Strategies

NIHD
VRTX
PRLB
CSTM
ISRG
GV
TNH
UNG
UGAZ
BOIL
Short Strategies

GILD
DLTR
ADM
ANDE
KO
MHK


Additional Stocks to Watch:
Long: ARUN, ARNA, MAKO, CAT, DIS, CPSS, DISH, CMCSA, QCOM, ASTX, DVN, CHK, RRC, POM
Short: BLK, LAD, IBM

This Month's Investment Watch List for Position Traders: 
MAKO, ARNA, GCA, PWR, BSX, GGS, HWKN, LCUT, DNB, STJ, NVDA, APA, EXPD, LVS, POT, FLY, EVER, OZM, APL, EEP, FNSR, NVDA, GCI,  
The Details


NIHD
 is a 2-wave correction on the daily time frame and a weekly Phoenix. Declining volume is an added bonus. Watching for a break higher with initial resistance at $8.50.
TNH is forming a 2-wave correction with a momentum shift at major daily support. Although this is thinner than my usual picks, it's one of my favorites. 
VRTX, PRLB
 are upper level bases. The weekly trend is extended so this could limit return. 
CSTM 
has a 2-wave correction on the daily time frame favoring upside continuation on a breakout. Volume also supports this pattern. 
ISRG 
is a daily reversal, waiting for a 120-minute congestion breakout.Currently forming a Phoenix on the daily time frame.

GV is also forming a daily Phoenix. 
MAKO
 is a base at highs on the daily time frame. Watching for an upside breakout.
UNH, UGAZ, BOIL
 are all related to natural gas and have two-wave corrections with a potential momentum shift on th e90-minute charts. They are very similar to TNH.


DLTR, GILD, ADM, ANDE, KO, MHK have all experienced an initial wave of downside on the weekly time frame. I am watching them for continuation strategies on a daily time frame for a second wave of selling as Avalanche short strategies. They make take several weeks to develop.


When you picture a trading strategy that can be applied to literally any asset class what does it look like? 
In more than 15 years of trading, there is one particular pattern that I've fallen in love with. I use it to scalp the index futures and to invest in my IRA. It's served me well through bull markets, bear markets, and those times in between as the trends reverse.It's a pattern that will look familiar to many of you, but unless you've been following my work over the years, you've probably never been shown what it is that makes it so successful. And without those details, you probably struggled to find that level of success.This video is free and you can find it at:

Watch it. Study it. Trade it. And then let me know what you think!

All my best,
Toni Hansen

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