Ideas posted are not a recommendation to buy or sell. Indices don't care about my targets/ideas. Swings: from days to weeks (options), no initial SL. Unprofessional, Amateur. EoD: End of day + trailing SL
Pro. use technical analysis to look for stocks w/ short-term price momentum. Not interested in fundamental or intrinsic value of stocks, but rather in their trends and patterns.
*Note: In this Economy-.
Steve Miley is The Market Chartist. He was Director of Technical Analysis at Credit Suisse, 2009-12 after 15 years at Merrill Lynch. He has won Technical Analyst Magazine Awards for Fixed Income and FX over the past 3 years. He is a Member of the STA