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Lazy Trade Long & Short: LXP & KRC
For the first time since Thursday I took a long position – this time in LXP at $9.21 as it is breaking out nicely above longer-term resistance. I’ve also posted a chart on a very appealing short setup in KRC which has a perfect head and shoulders, downtrend, and bear flag in place. I posted this chart a couple of weeks ago and thought it was pretty good then, this time it makes for an excellent setup.
Here’s today’s Lazy Trades:
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 12:02:52
Source: http://www.shareplanner.com/watch-lists/10397-lazy-trade-long-a-short-lxp-a-krc.html
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