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Mid-Day Swing Trades To Take On

Recs

1

February 06, 2012 – Comments (0) | RELATED TICKERS: PG , AKS , EMR

I'm at a point with this rally, to where if it rallies much higher then I won't be surprised and if it drops from here, then I'd say it was long due. I thought it would have dropped at some point in the past two weeks and it has defied the odds, and has done nothing but push higher and higher, so what is to say that it won't continue to do so?

I've provided for you below four solid and actionable trade setups below - two of them are long and the other two are short for who knows what is to come next. 

LONG: Emerson Electric (EMR) 

SHORT: AKSteel Holding (AKS)

LONG: Parker Hannifin (PH)

SHORT: Procter and Gamble (PG)

Here are the charts and markups

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