WOW! Well Traders, I may have hit a home run with CHL. Today was ANOTHER huge day, the stock was up $2.37 to close at $49.47. Even more impressive was that the stock closed at the high of the day indicating there may be even MORE upside to this! Take a look at the volume the last two days...impressive.
The MACD and STO are getting pretty high, and a pullback may be approaching, but I will be looking to get out if CHL breaks $51, which it may tomorrow. Ultimately, if it hits $53, that would be ideal, but I can't be a Pig about this trade either!
Other than that , I only have VLO out there. I am waiting until earnings have passed many of the stocks i am looking at before I get back in.
Happy Trading!
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