Carolyn Boroden is a Commodity Trading Advisor and technical analyst who has been involved in the trading industry for over 25 years. Her background includes working on the major trading floors including the Chicago Mercantile Exchange, the CBOT, NYFE and COMEX, where she eventually shifted over to focusing on technical analysis of the markets.
If the bank's price holds above a key support level it will be time to be bullish; if not, the trade setup will be a bust.
Besides revisiting the first two companies, we also look at trade setups for Canopy Growth and Nike.
Plus a possible setup in Amgen as earnings approach.
Netflix is bullish, but faces key resistance before it can make a big run higher.
A low-risk countertrend options trade may be worth a look in this name.
A key chart pattern indicates we soon could see at least a bit of a pullback after the latest rally; we also offer a quick update on Alphabet.
I am watching bullish patterns, timing and price for a good spot to buy this name.
Traders might be late to the party, but a pullback from recent highs could offer a secondary entry point in the LNG name.
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