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ivicaj
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My name is Ivica Juracic and I’m the CEO and founder of Xpertstocktrader.com. I have been sharing my skills with hundreds of traders of every skill level since 2001. My method is simple, low risk, and consistently profitable. My system is based on an emphasis on simple, yet reliable technical... More
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XPERTSTOCKTRADER.COM
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xpertstocktrader.com
  • Stock pick for 12/19/2011  0 comments
    Dec 17, 2011 4:20 PM

    Stock pick for 12/19/2011

     

    December results:
    http://www.xpertstocktrader.com/2011/performance/122011.htm



    TWX - long

    Technical view: I know that someone can say: again cup and handle pattern. Look like we have many similar patterns out there. But TWX monthly continuation pattern was reason why I brought TWX on list for Monday. Friday volume was higher and break above $35.38 will be monthly continuation pattern setup confirmation. In that case we can look for possible few weeks swing trade and run to $38.50 (previous weekly high) and $40 resistance area. TWX daily bars can overlap a lot and because of that I used bigger stop then 15 min 200sma. Risk will be same; it will be just less lots.

     

     

     

     

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    "I have been trading for over 5 years. I am continually impressed by Ivica's understanding of the market. He provides low risk and extremely profitable trading opportunities. His watch list is always concise and includes an overview of the market as well as very specific set ups..."

    Debbie Groll

    more testimnonials ...

     

     

     

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