FSLR - First Solar - Bullish Wedge; SCHN - Schnitzer Steel - Cup & Handle
Market was up decently today, but it sure didn't feel like it. Most stocks I was following had little to no follow through.
I hesitated on taking NSC early in the day and it turned out to be the stock with a monstrous follow through.
Be sure to check out the FSLR chart as I finally was able to point out something I've been meaning to.
Here's SCHN.
Both trades had little follow through, yet were properly managed.
I fear that tomorrow could be another summer like Friday. If you aren't finding solid candidates/setups early in the day, chances are the afternoon maybe worse. I'm going to be paying particularly close attention to the volume on any issue I trade tomorrow.
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