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Long in HD and SU



April 01, 2011 – Comments (0) | RELATED TICKERS: HD , SU

Two new trades, though neither have moved much since getting in to, with the first being in Suncor Energy (SU), which is forming a nice cup and handle.

Here's the Chart in SU

The second trade, I just got into as of this posting -  Home Depot (HD) which is breaking through all sorts of resistance. However, if it fails to hold the breakout level at the end of the day, I may, very well, dump this stock. Too much resistance overhead if it can't close above it, for me to hold overnight.

Here's the Chart in HD

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