Here are the charts fro last nights post. I don't have time to write analysis for them, but they are all long setups.
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If you overlay the 100EMA on the LVLT daily chart you can see that it pulled back towards it, could provide support also?
I'm curious about how you find these charts, do you use some scan?
croker,
Sorry I hadn't responded sooner. I would agree that the 100ema could also provide support, as there is a population that uses it. As for how I find these charts, I do have some scans as well as other more manual methods. I'm going to elaborate a lot more on a blog post soon, but basically I use trade-ideas for my scans and then also look manually through sectors I find interesting.
Joey
Thanks for the reply. I think your blog is great.