Oil Crude Above $80...
13.09 09:50 - Oil Crude Above $80...
The Oil above $80 for the first time ever was the news of the day. The market reacted mixed where major indices traded confined in a narrow range. The Oil will be an issue in the very next time and the Fed will have even a worry more to solve. The session offered nice breakouts in WYNN and NVT where I did some bucks. This was very reassuringly ahead of the next week, where the market will be extremely hard to trade.
Here an interesting chart:
VASCO Data Security Int.(VDSI)
rallied to a new all-time high just six sessions ago. The stock is moving sideways in a 60-minute symmetrical triangle since then. The NR7 printed yesterday could bring an expansion in prices in the very next time. Despite the positive action, play the stock as a pure bilateral setup. Buy the the triangle´s breakout or sell short the breakdown .
Chart Courtesy Of TeleChart
Swing Trading, Technical Analysis, Daily Stock Market Commentary.
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