Short Term Trading Weekend Lounge: 24-26 May, page-17

Some charts from scan that Ive run this AM. These are a slightly larger end of town than most seem to trade on this thread but may be of interest. I think all will present decent DT and potential ST trades in the coming week


VRL. Nice doji with an increase in volume . Could be stopping volume for the next bounce.




IFL similar as above

DDR potentially going to at least retest that recent high. Also demonstrates what I believe could happen on the first 2 charts as the day before had stopping volume and a decent Doji.

CPP- A little different as this is a BO pattern rather than a reversal. Would expect for the patient $31 target.


Discl. Not holding any.

GLA