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Lazy Swing Trades Long & Short: PBCT & SAP

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October 22, 2012 – Comments (0) | RELATED TICKERS: PBCT , SAP

Swing-Trading isn't all that easy right now

With us stuck in what seems to be a perpetual channel sideways, I figure this market is going to be difficult to trade for the foreseeable future. As a result, I'll probably look to take gains faster, and probably increase my frequency of day-trades as a result. 

This morning's lazy trades represents a nice breakoutplay to the long side in People's United (PBCT) and a short setup with an inverse cup and handle pattern in SAP (SAP). 

Here's today's swing-trades:

Long: People's Choice (PBCT)

Short: SAP Ag (SAP)

 

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