Last up this week is a recap from
last week's column
(DISH - Get Report)
. Last week, shares were pushing through a breakout level, and I suggested, "taking a long position in shares for a short-term trade," as shares worked their way to the $28 resistance level set back in June -- the nearest price target in shares.
Sure enough, the trade was textbook. Shares moved from that breakout level to the $28 price target, and hit their head on resistance there. Traders who put a stop just below that $28 level would have raked in 7% gains on the trade in the last week. If you're still holding onto shares for some reason, it's certainly time to get out.
To see this week's potential trades in action, check out the
High Volume Technicals portfolio
-- Written by Jonas Elmerraji in Baltimore.
Follow Stockpickr on
and become a fan on