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I wasn’t planning on doing another post – but I found 3 very tempting setups to jump in – and yes – I just took a position in Affymax just moments ago at $17.26 as a long play.
All of these trades I consider to be swing-trades. I’ve noted the entries and targets for each of the setups.
Here are the 3 trade setups.
Ryan Mallory is the co-founder of SharePlanner Inc, a financial website devoted to Day-Trading, Swing-Trading (both long & short) and exchange-traded funds. Ryan makes a strong emphasis on risk mitigation strategies, trading transparency, and trader education – not to mention a great set of stock screens as well.
Be Sure to Check out Ryan’s Site at Shareplanner.com
2012-08-20 19:24:16
Source: http://www.shareplanner.com/trade-setups/10437-3-more-long-plays-yould-know-about.html