Charts: AKAM,APD,CAKE,FDX, GTIV,MHP,S,URBN,USG

AKAM shows relative weakness. APD breaks flag resistance with gap. S consolidates with triangle. Plus CAKE, FDX, GTIV, MHP, URBN, USG

110208akam

110208apd



110208cake



110208fdx



110208gtiv



110208mhp



110208s



110208urbn



This commentary and charts-of-interest are designed to stimulate thinking. This analysis is not a recommendation to buy, sell, hold or sell short any security (stock ETF or otherwise). We all need to think for ourselves when it comes to trading our own accounts. First, it is the only way to really learn. Second, we are the only ones responsible for our decisions. Think of these charts as food for further analysis. Before making a trade, it is important to have a plan. Plan the trade and trade the plan. Among other things, this includes setting a trigger level, a target area and a stop-loss level. It is also important to plan for three possible price movements: advance, decline or sideways. Have a plan for all three scenarios BEFORE making the trade. Consider possible holding times. And finally, look at overall market conditions and sector/industry performance.

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