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Alpha Trends

Alpha Trends is dedicated to unbiased technical analysis of momentum stocks or stocks that look poised for a large move in either direction. It is updated by Brian Shannon with video and written technical analysis of the equities markets and individual stocks.

Stocks Setting Up For Trend Trades

Posted on 05/11/2008 21:05:59 | Link | Post Comment
Below are some stocks I will be watching for potential trades next week. When I look for stocks to trade I do not set out to find longs or shorts, I just look for what appear to be low risk opportunities. This week I have quite a few more bullish looking stocks than bearish ones. I have not checked any fundamental news for any of these stocks and I am not making any recommendations, only showing you where I think there is the potential for movement. Risk management is job 1, do not chase stocks which have already moved. When entering any of these stocks, be sure to assess risk relative to reward on shorter term time frames and if that concept is not one you are familiar with there is an excellent book on the subject that I know of...

POTENTIAL LONGS





POTENTIAL SHORTS


The screen captures of the charts are from FINVIZ Each time I visit Finviz, I am more impressed with the excellent information they provide, be sure to check the Insider tab if you have any interest in what insiders are doing in their stocks.
Stock Quote or
Examples
Morpheus Trading - Mon Jul 21, 2008 08:33AM
NOTE: Please click on the charts below to enlarge them if [read more]
Millionaire Now! by Larry Nusbaum - Tue Jul 22, 2008 09:23AM
Hedge funds have made billions this year shorting the banks, [read more]
Morpheus Trading - Mon Jul 21, 2008 08:31AM
NOTE: Please click on the charts below to enlarge them i [read more]

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