Trade Ideas for Thrusday - Starbucks , Taser, Life Partners Holdings
SBUX looks like it is ready to resume the downtrend. MACD and RSI is going positive. I am looking for a potential breakout above $28, as a bullish signal. I like the chart, and will be keeping this stock on my watchlist for a possible swing trade, if the share price break $28 on strong volume.
Chart courtesy of stockchartsLPHI has been an interesting stock to watch as the MACD has trended down as the stock has stabilized and made higher lows, sending mixed signals for market. The RSI is basically neutral, so at this moment I’ll be bullish on stock if it crosses into new highs above $48.54, until there be careful on the long side and watch for a possible breakdown of the wedge.
Taser shares found a support at 50 dma after the pull back, and now has broke the short downtrend. The chart looks bullish with MACD and RSI improving. I see this stock starting to make the turn NOW.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical example.
That's All. Have a great evening !!!
AC
That's All. Have a great evening !!!
AC
