A Few Names Worth Looking At

BAC…as long as this remains over 11.70 this remains positive with a first tgt 13.50
NWBI…sustaining and closing over 12.30 could get the Lemming Horde to get interested.

F…Ford put in a good low last week. As long as this remains over 12.95 close, we expect a test of the recent highs.

DVN…this looks to break out today over the 200 day, which will start a new leg up.
the Risk on this trade is 57.
RIG…this has a potential weekly double bottom. Risk to be long is price action below 56.70

You have to play the up with the lower risk names.

Time to be a K-Mart shopper. Look for names with defined Risk.
If you have a name and would like some color, send it, we’ll take a look.

130205_134052_CQG_IC_Chart_S_BAC_-_Bank_of_America_Corp_Weekly

130205_135504_CQG_IC_Chart_S_NWBI_-_Northwest_Bancshares_Inc_Weekly

130205_133730_CQG_IC_Chart_S_F_-_Ford_Motor_Company_Weekly

 

130205_133536_CQG_IC_Chart_S_DVN_-_Devon_Energy_Corp_Daily

130205_133455_CQG_IC_Chart_S_RIG_-_Transocean_Inc_Weekly

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