Four Rumored Swing Trade Setups
The news today, beyond the faulty assumption that Greece banks is once and for all saved, and we no longer have to fret about their future, the other piece of news is Dow crossing 13,000, which defintely holds some psychological importance for the market - careful it could also be that level where the sell programs kick in - who knows.
With the market continuing to march up, and everything else beyond price action pleading for a sell-off, I present you another assortment of long and short setups to swing trade.
LONG: Broadcom (BRCM)
SHORT: Donnelley RR & Sons (RRD)
LONG: Baxter International (BAX)
SHORT: Norfolk Southern (NSC)
Here are the charts/trade setups.